Silvia Ruiz
Investor Relations Director

Good morning or good afternoon, everyone. This is Silvia Ruiz speaking, and I would like to thank you and welcome you to Ferrovial's conference call to discuss the company's operating results for the first quarter of 2026.

I'm joined here today by our CFO, Ernesto Lopez Mozo. Just as a reminder, both the results report and presentation were made available on our website, sorry, yesterday evening after the U.S. market was closed. Separately, we note that the company's 2026 investor presentation and fact book is expected to be available on the company's website shortly after this conference call concludes. [Operator Instructions]

Before starting, please take a moment to look at the safe harbor statement included in the presentation. And please bear in mind that the presentation contains forward-looking statements and expectations that are subject to certain risks and uncertainties so actual figures may differ.

During this call, we will discuss non-IFRS financial measures, which are defined and reconciled to the most comparable IFRS measures in our results report and on our website.

With all this, I will hand over to Ernesto. Ernesto, the floor is yours.

Ernesto Lopez Mozo
Chief Financial Officer

Thank you, Silvia, and good