Bjorn Theijs
Hello, and welcome, everyone, to our 2025 annual results webinar. We will start today with a presentation from our CEO, Luc Tack; and our CFO, Miguel de Potter. After that, we will give some opportunity to some of our analysts to ask live questions. [Operator Instructions]
Thank you. And with this, I hand over to Luc.
Luc Tack
CEO & Executive Director
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 it’s been a rocky ride lately. Sometimes I started working when I was 18, so that’s a little while ago. And so the way we have today within Europe, sometimes I feel even that we are in South America, where I had the crisis in the ’80s and the ’90s one after the other. Now we are into our third crisis in Europe. We had 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. So we don’t panic lightly. And in light of that, I feel that as a CEO of our company, that we will be able also to navigate this now Middle East storm. Of course, it is affecting us in our company on different fields in different ways. Sometimes it has a positive effect, sometimes it has a negative effect. Every effect
