Vef Ab (VEFAB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the VEF Second Quarter 2025 Earnings Conference Call and Webcast. At this time, all participants will be in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, please press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 and 1 again. Please note that today's conference is being recorded. I would now like to the conference over to your first speaker, Mr. David Nangle, CEO. Please go ahead, Sal. Thank you, Razia. Good morning and good afternoon, everybody. And specifically, good morning to everybody in New York where I'm doing this call today. Welcome to our Q2 results presentation conference call off the back of our results, which were announced this morning. And with me, as always, in the call is our CIO, Alexis Camudos. um quite a focused presentation for you today and we've got 14 slides in total but 10 active and we'll do that quite quickly and in a focused way giving you the highlights and where we're thinking about everything in life at bf and then happily open up for questions and before i get into the deck itself maybe so just some general opening comments on what we're seeing at beth and through the prism of the markets you know what i would say is that 2025 this year it does continue the improving trends that we're seeing that we have seen gradually come through since the 2022, early 2023 lows for both public markets and our industry specifically. And this is something, these trends that we've seen evolve through 24 into 2025, month on month, quarter on quarter, is something that I continue to talk about in forums, in the mar...