PresentationThe conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Urs Gantner, CEO. Please go ahead, sir.U. GantnerChief Executive Officer Thank you. Ladies and gentlemen, good morning, and welcome to VAT's Q3 2025 Trading Update Conference Call. With me this morning are CFO, Fabian Chiozza; and Michel Gerber from Investor Relations. After my introductory remarks, we will have our regular Q&A ...