Daniel Thompson
Director of Investor Relations
Replay available
Vallourec S.A. (OTC: VLOWY) Q4 2025 earnings conference call, held 2026-02-27. Replay captured from the company's public earnings webcast.

Director of Investor Relations
Chairman & Chief Executive Officer
Chief Financial Officer
Analyst, BNP Paribas
Analyst, Bank of America
Analyst
Analyst, TP Icap
Analyst, Barclays Capital
Analyst, CIC CIB
Good day and welcome to Valorex 2025 Full Year Results presentation hosted by Philippe Guillemot, Chairman of the Board and Chief Executive Officer, and Nathalie Delbreuve, Chief Financial Officer. For the first part of the conference call, all participants will be in listen-only mode. During the question and answer session, you may ask questions by dialing pound key five on your telephone keypad to enter the queue. And now I would like to hand the call over to Daniel Thompson, Director of Investor Relations. Please go ahead, sir. Thank you. Good morning, ladies and gentlemen, and thank you for joining us for Valeric's fourth quarter 2025 results presentation. I'm Daniel Thompson, Director of Investor Relations at Valeric. I'm joined today by Valeric's Chairman and Chief Executive Officer, Philippe Guillemot, and Valeric's Chief Financial Officer, Nathalie Dalbroek. Before we begin our presentation, I would like to note that this conference call will be recorded. The replay will be available following the call. You can find the audio webcast on our investor relations website. The presentation slides referred to during this call are also available for download here. Today's call will contain forward-looking statements. Future results may differ materially from statements or projections made on today's call. The forward-looking statements and risk factors that could affect those statements are referenced on slide two of today's presentation. They are also included in our universal registration document filed with the French Financial Markets Regulator, the AMF. This presentation will be followed by a Q&A session. I'll now turn the call over to Philippe Guillemot. Thank you, Dan. Welcome, ladies and gentlemen, and thank you for joining us to discuss Valouec's fourth qua...