Adidas Ag Ord

Ladies and gentlemen, welcome to the Adidas AG Q3 2025 conference call and live webcast. I am Moira, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference has been recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Sebastian Steffen, SVP IR and Corporate Communications. Please go ahead.

Thanks very much, Maura. And good evening, good afternoon, good morning, everyone, wherever you're joining us today. And welcome to our Q3 2025 results conference call. With me here today is our CEO, Bjorn Golden, and our CFO, Harm Ohlmeier. Bjorn and Harm will take you through the highlights of the quarter, our financials, the outlook, and afterwards we will open up the floor for your questions. As always, I would like to ask you to limit your initial questions to two in order to allow as many people as possible to ask their questions. Thanks very much. And now before I hand over to Bjorn, we want to get everybody in the right Adidas mood with this video. Let's go.

Adidas takes it to another level.