Tessenderlo Grp Nv Ord (TSDOF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone to our 2025 Annual Results Webinar. We will start today with a presentation from our CEO, Luc Tuck, and our CFO, Miguel de Poder. After that, we will give some opportunity to some of our analysts to ask live questions. And after that, we have some time for questions that are in our Q&A. So if you have any questions, feel free to put them in the Q&A chat box. Thank you. And with this, I hand over to Luc. Good morning, good afternoon and welcome everybody to our annual results reporting on the year 2025. Thank you for tuning in. Boy, I must say, you know, it's been a rocky ride lately. You know, sometimes I started working when I was 18, so that's a little while ago. And so the way we have today within Europe, you know, sometimes I feel even that we're in South America, where I had the crises in the 80s and the 90s, one after the other. Now we're into our third crisis in Europe. In 2020 we had COVID, then we had 2022 Ukraine, and now we have Iran. Each time quite disruptive to businesses, causing a lot of uncomfort. Having said that, we are always with our feet on the ground, you know, so we don't panic lightly. And in light of that, I feel that as the CEO of our company, that we will be able also to navigate this now Middle East storm. Of course, it is affecting us and our company on different fields and in different ways. Sometimes it has a positive effect, sometimes it has a negative effect. Every effect that we have, we have no idea how long it will last and what it will be. And therefore, I'm sure some of you people ask questions, and we understand you ask questions, but you will also understand that we don't have the crystal ball on how long the Suez Canal is going to be blocked, how long energies are going to be limited. You know, all ...