Volkswagen Ag Unsp/Adr (VWAGY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, please hold the line. The conference will begin shortly. Thank you. Thank you. Ladies and gentlemen, welcome to the Volkswagen Group Investor Analyst and Media 9-month 2025 conference call. I'm Vicky, the call's call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and 1 on your telephone. For operator assistance, please press star, then zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Pietro Zollino, Head of Corporate Communications. Please go ahead. Good morning, everyone, and welcome to the third quarter 2025 results call of Volkswagen Group. This is, as usual, a call for both the media as well as investors and analysts, moderated by Rolf Voller, our head of treasury and investor relations, and myself, Pietro Zolino, head of corporate communication. With us today is Arno Antlitz, CFO and COO of the Volkswagen Group. Good morning, Arno. You should have received the press release, the interim financial report, and all other related materials, which were published this morning already. If you do not have them yet, You can find all documents on our Volkswagen Group website. In case of any issues, give us a call or drop us an email. Now let me hand over to my colleague, Rolf, who will give you a brief run-through of the next about one and a half hours. Rolf, please. Thank you, Pietro, and good morning to everyone on the call. Thanks for joining us this morning. Let us have a look at our agenda. I will first present the key developments of the third quarter, And after that, we will take a closer...