Operator
Girls and gents, welcome to the Befesa Third Quarter 2025 Outcomes Convention Name. I’m Jota, the Refrain Name operator. [Operator Instructions] The convention should not be recorded for publication or broadcast.
At the moment, it is my pleasure handy over to Rafael Perez, CFO of the corporate. Please go forward.
Rafael Perez
CFO and Director of Investor Relations & Technique
Good morning, and welcome to the Third Quarter 2025 Outcomes Convention Name of Befesa. I’m Rafael Perez, CFO of Befesa. This morning, I am joined by our Group CEO, Asier Zarraonandia. Asier will begin with an government abstract of the interval, after which he’ll cowl the enterprise highlights of the Metal Mud in addition to Aluminum Salt Slag Recycling companies.
I’ll then overview the third quarter financials by enterprise and we’ll cowl the evolution of commodity costs, our hedging program and at last, money move, internet debt, leverage and capital allocation. Asier will shut this presentation offering an replace to the outlook of the remainder of 2025 in addition to an replace on our progress plan. Lastly, we’ll open the strains for the Q&A session.
Earlier than getting began, let me remind you that this convention name is being webcast reside. Yow will discover the hyperlink to the
