Operator
Good morning, and welcome to Grupo Clarin’s Conference Call. Today, the team will discuss results for the first 9 months and third quarter of 2025 as detailed in the earnings release distributed on November 10. My name is Nick, and I will be your conference operator today. This call is for investors and analysts only. Questions from the media will not be taken at this time. If you are a member of the media and have questions, please contact big Corporate Communications.
Comments made during today’s call may contain forward-looking statements regarding Grupo Clarin’s future performance, plans, strategies and targets. Such statements involve risks and uncertainties that could cause actual results or operations to differ materially. These uncertainties include, but are not limited to, the impact of industry and economic regulations, changes in demand for Grupo Clarin’s products and services and the broader market, economic or regulatory conditions. Please refer to the disclaimer in the earnings report or presentation for additional information regarding forward-looking statements.
If you have not received the report or require systems during today’s call, please contact FIG Corporate Communications in New York at (917) 691-4047 or Grupo Clarin in Buenos Ares at +54-11-4309-7104. The webcast presentation is available at ir.grupoclarin.com under the Financial Information section.
I would now like to introduce today’s speakers, Ms. Samantha Olivieri, Head of Investor Relations for the Q&A session. She will be joined by Mr. Ivan Acevedo, Controller; and Mr. Marcelo Boncagni, Audit Manager. It is now my pleasure to turn the call over to Ms. Olivieri. Please go ahead.
Samantha Olivieri
Investor Relations Officer
Thank you, Nick. Good morning, everyone. Let me quickly outline the agenda for today’s call. We


