Q4 2025 AGFA Gevaert NV Earnings Call Transcript
Ladies and gentlemen, welcome to the Agfa full-year 2025 results conference call. For the first part of the conference call, the participants will be in listen-only mode. (Operator Instructions)
I will now hand the conference over to Pascal Juéry, CEO. Please go ahead.
Hello, everyone. I'm sitting in Mortsel right now with Fiona Lam, our CFO, Viviane Dictus, our Investor Relations Manager, and the rest of the executive committee. I'm going to walk you through the Q4 and full year results for the group.
My first message is indeed we had a quite strong Q4. I would like to remind everyone that we do have a seasonality in our business, and that every year, Q4 is by far the strongest quarter. I realized that in 2025, actually, we almost beat all records because the Q4 EBITDA is 2/3 of the EBITDA of the year. It's even more pronounced, I would say, than the years before.
Also, second very positive point, positive cash flow
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