Orbia Advance Corp Sab

Good morning and welcome to ORBEA's fourth quarter and full year 2025 earnings conference call. As we turn to slide one, all participants will be in a listen-only mode. If you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touchtone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Diego Echava, Orbia's Vice President of Investor Relations. Please go ahead.

Thank you, Operator. Good morning and welcome to Orbia's fourth quarter and full year 2025 earnings call. We appreciate your time and participation. Joining me today are Samir Baradouache, CEO, and Jim Kelly, CFO. Before we continue, a friendly reminder that some of our comments today will contain forward-looking statements based on our current view of our business, and actual future results may differ materially. Today's call should be considered in conjunction with cautionary statements contained in our earnings release and in our most recent Bolsa Mexicana de Valores report, the company disclaims any obligation to update or revise any such forward-looking statements. Now, I would like to turn the call over to Samir.

Thank you, Diego, and good morning, everyone. Before we begin discussing this quarter's results, I would like to thank our global employees, for their ongoing efforts through 2025 and their continued focus on solving our customers' challenges in difficult market conditions. I would also like to thank our customers for their ongoing partnership and trust. Turning to slide three, I will share a high-level overview of our fourth quarter and full-year 2025 performance. Full-year revenues of $7.6 billion increased 2% year over year, and EBITDA of approximately $1.02 billion decreased by 7% compared to the previous year. Full-year EBITDA included one-time items of approximately $90 million. Excluding these one-time items, full-year adjusted EBITDA was $1.11 billion. Overall, global market conditions across all of these businesses were mixed, but remained generally challenging in 2025, particularly across construction and infrastructure-related activities and regionally in much of Europe and Mexico. We did, however, see favorable trends emerge during the year in our floor and energy materials, connectivity solutions, and precision agriculture businesses. In this environment, we remain relentlessly focused on exercising strong financial discipline. We continue to strengthen our leading market positions and to drive results through effective commercial and operational execution with a focus on both earnings and cash generation. Our cost optimization programs are on track and making important contributions, as is our initiative to generate cash from non-core asset sales. We continue to look for more opportunities to simplify our business further strengthen our balance sheet, and drive cash generation to support our long-term strategic objectives. As we begin 2026, we expect market dynamics to remain challenging in some businesses with continued improvements in others. I will now turn the call over to Jim to go over our financial performance in further detail.