Ladies and gentlemen, thank you for standing by. I am Geli, your Chorus Call operator. Welcome, and thank you for joining the Ellaktor Group conference call and live webcast to present and discuss the Ellaktor Group full year 2025 results. All participants will be in listen only mode, and the conference is being recorded. The presentation will be followed by a question and answer session for institutional investors and analysts via audio conference. Please refer to the invitation received if you wish to connect to the audio conference for your questions. Should anyone need assistance during the conference call, you may signal an operator by pressing star and zero on your telephone. At this time, I would like to turn the conference over to Mr. Efthymios Bouloutas, CEO, Ellaktor Group, and Mr. Dimos Revelas, CFO, Ellaktor Group. Mr. Revelas, you may now proceed. Thank you. Good afternoon, and welcome to Ellaktor's conference call for 2025 results. Our annual report for 2025, the press release announcing Ellaktor's financial and operating results for the year, as well as a presentation, were issued last Friday. All are available on the IR section of our website. In our call today, we will share with you a business update and a review of our financial results and ESG performance. A Q&A session will then follow. Allow me now to turn over the floor to Mr. Bouloutas. Efthymios. Thank you very much, Dimos. It's my turn to thank you for participating in Ellaktor's 2025 annual results analysis and presentation. I will follow the presentation that has been uploaded on Friday in our site, and I will cover the group business update and the basic financial results for 2025. Now, 2025 was a pivotal year for Ellaktor that marked our transformation from a predominantly construction, energy, concessions, and waste management group, to a real estate infrastructure group with significantly less dependence and reliance on public sector. We managed to complete all the transactions that we have earmarked, i.e., we completed the sale of HELECTOR to Motor Oil in January 2025, following the SPA that has been signed in July 2024 for a consideration of EUR 114 million. On the real estate, we completed the Gournes sale to DIMAND in September 2025, and the Cambas sale to DIMAND, again, in February 2026. In total, the two transactions totaled for approximately EUR 86 million. Now, as you know, we have signed an SPA with Aktor Group in April 2025 for the sale of Aktor Concessions for an enterprise value of approximately EUR 367 million. Following the approval by the Hellenic Capital Market Commission, the financial closing was complete in September 2025, with a final equity consideration of EUR 252 million. Now, all this has brought a tremendous balance sheet transformation and the possibility with the cash that we had available for significant shareholder returns. All in all, we managed to return in December 2025 and March 2025, in total dividend, actually, it was a capital return of EUR 470 million, approximately the size of our current market capitalization. Since July 2024, i.e., in less than 24 months, we have returned back a total of EUR 646 million, which amounts to 136% of our current market cap. We still have an active group liquidity of approximately EUR 307 million as of December 2025, and a very solid capital structure, repaid almost all of our loans. Now, in terms of new businesses, we have expanded in the hospitality sector through a 25-year lease of The Fiction Athens, which is a new hotel, a 40-key upscale city hotel on Kifissias Avenue, which opened in March 2026. We acquired late 2024, in December 2024, 10 yielding assets, Hestia Luxury Apartments, comprising of serviced apartments targeting short to midterm stays, strengthening the recurring income visibility. 2025 has been our first full year of integrating this in our platform. Finally, in March 2026, we acquired from PRODEA Investments a fully leased office building of 8,500 sq m in Vasilissis Sofias Avenue for EUR 44 million, enhancing our exposure to prime real estate. Finally, our landmark project, which is Alimos Marina, the development is underway. We have filed all the required paperwork and relevant feasibility studies, and expect the final licensing of both the sea side and the land part in the coming months. We expect to commence construction during 2026, with an approximate 24-3 0-month completion timeline. Moving on to page 6, which presents the financial highlights for the year. Here, I'd like to point out that Group revenues for the full year amount to EUR 889 million, out of which approximately EUR 19 million derived from the continuous operations, compared with EUR 354 million in 2024. We have seen a decrease of approximately 75%. However, all of that is due to the transformation that I just mentioned. Net profit after tax amount to EUR 152 million, compared with EUR 57.4 million in 2024, and that includes, obviously, capital gains of EUR 187.3 million from the completed transaction. Group EBITDA amounted to losses of EUR 11.6 million, compared with profits of EUR 170 million in 2024. We discussed the cash and cash equivalents, which stood at EUR 307 million approximately, compared with EUR 293 million as of 31st of December of 2024. Now, total equity amounted to approximately EUR 487 million, compared to approximately EUR 777 million in the end of 2024. While equity attributable to majority shareholders amount to EUR 438 million, which amounts to approximately EUR 1.26 per share. The decrease is mainly due to the capital returns of EUR 0.85 per share in March 2025, as well as the distribution of the interim dividend for 2025, amounting to approximately EUR 0.50 per share in December 2026. Finally, our total borrowings as a group, excluding the lease liabilities, amount to less than EUR 26 million, effectively fully leveraged the group. With this overview, I'd like to turn over the call to Mr. Dimos Revelas, CFO of our group, to give you more details about our consolidated P&Ls, the balance sheet and the cash flows. Thank you, Efthymios. Let us go through briefly over the next slides as the main financial items have already been mentioned. Moving on to page 8, we present a snapshot of our P&L, broken down into continuing and discontinued operations in a more extended form. At the operating level, losses of EUR 46 million in continuing operations were partly offset by an EBITDA of EUR 34.4 million in discontinued operations, thus yielding a consolidated operating loss of EUR 11.6 million. The bottom line, though, was positively impacted by significant EUR 187 million capital gain, emanating, as already mentioned, from the sale transactions of Aktor Concessions and HELECTOR. On the next slide, the two main comments are that following the shareholder rewards totaling EUR 470 million in 2025, i.e., the capital return of EUR 296 million plus the interim dividend of EUR 174 million, the total equity attributable to shareholders as at year-end amounted to EUR 438 million. This is EUR 1.26 per share. The group remains practically unlevered, which, coupled with a solid liquidity position, provides increased flexibility in assessing various investment initiatives. The group's net cash is presented in the next slide. While in the appendix, you can also discover in more detail the breakdown of the group's net debt or net cash position on a segmental basis, segment by segment. On page 11, on slide 11, we highlight the key flows of the year, which again, are mostly linked, on one hand, to the inflows realized from the executed transactions, and on the other, to the payouts to shareholders. Allow me now to present an overview of our ESG performance and credentials, which demonstrates the group's steady progress in integrating ESG principles across its operations, supported by the strong performance and continuous improvement. On slide 13, ESG KPIs, starting with the environment pillar, total greenhouse gas emissions amounted to 1,000 tons of CO2 equivalent, with 62% corresponding to Scope 1 and 38% to Scope 2. Total energy consumption reached 4,000 MWh, of which 23% originated from renewable sources. From a social perspective, women are represented at a rate of 39%. No incidents of human rights violations were recorded, underscoring our commitment to ethical conduct and respect for human rights. With regard to governance, no cases of data breaches, GDPR noncompliance, or incidents of corruption or bribery were recorded. On the next slide, that is slide 14, we highlight some key achievements that are important to note in the course of 2025. The group achieved a 95% ESG transparency score from the Athens Stock Exchange and maintained an A ESG score from Synesgy for the second consecutive year. The group was also recognized among the 50 most sustainable companies in Greece. Our climate near-term targets were validated by the Science Based Targets initiative, while we received a B rating from CDP for climate disclosure. On the social side, we implemented a group-wide human rights training program and strengthened employee engagement through various internal initiatives. We also continue to support environmental education in public schools through the Green Future program. On the rating slide that is on the next slide 16, the group continues to perform strongly across major international agencies. Bloomberg ESG disclosure score reached 98.8 in 2025, showing significant improvement in recent years. LSEG ranks the group 16th out of 338 companies in its sector, while Sustainalytics places us, Ellaktor, in 77th spot out of 353. Our S&P Global ESG score has improved to 55, significantly above the industry average, and FTSE Russell assigns a score of 4.3 out of 5, placing us in the 97th percentile globally. On page 16, EU Taxonomy, 20% of our consolidated revenues are aligned with a larger share eligible but not yet aligned. While OpEx alignment remains limited, CapEx shows strong performance with 44% already aligned. This highlights our strategic focus on directing investments towards sustainable activities. This concludes our presentation for 2025, and I would now like to open the floor for any questions you may have. Thank you. Ladies and gentlemen, at this time, we will begin the question and answer session. As a reminder, management will receive questions from institutional investors and analysts via audio conference. Please refer to invitation received if you wish to connect to the audio conference for your questions. Anyone who wishes to ask a question may press star followed by one on their telephone. If you wish to remove yourself from the question queue, then you may press star and two. Please use your handset when asking your question for better quality. Anyone who has a question may press star and one at this time. One moment for the first question, please. Once again, to register for a question, please press star and one on your telephone. The first question is from the line of Nestoras Katsios with Optima Bank. Please go ahead. Hello. Thanks for the presentation. Just a couple of questions from my side. The first one has to do with the outlook for 2026. I can understand that the contribution from the hotel will commence from this year. Is it fair to assume that you will be break even at profitability, perhaps EBITDA or bottom line this year, with the contribution from the hotel? The second question on the dividend. We didn't hear anything, any comment for the remaining dividend. Could you please give some color on your intention for the final dividend? Thank you. Thank you very much. Answering the second question, the dividend proposal, obviously it's a Board of Directors decision, which will be directed to the general assembly of the company. That will happen sometime in the next couple of months. We cannot preempt the board and their decisions. Regarding the hotel, and the financial results of the company, I think it's too early in the year in order to make forecasts for the full year. I think it would be fair to let at least the first semester pass by and then we can update you on that. Thank you very much. Okay. Thank you. Once again, to register for a question, please press star and one on your telephone. As a final reminder, to register for a question, please press star and one on your telephone. Ladies and gentlemen, there are no further questions at this time. I will now turn the conference over to management for any closing comments. Thank you. Okay. Well, once again, thank you very much for your participation in Ellaktor conference call discussing the full year 2025 results. As answered in the question posed, I think it's really early in the year to make definitive statements and remarks on the full year progress. Thus, as there are no further questions, I would like to pause now and thank you all for your participation. Thank you very much. Ladies and gentlemen, the conference is now concluded and you may disconnect your telephone. Thank you for calling and have a pleasant evening.