Geopolitical pressure in our new markets, volatile oil prices weighing on travel, and longer decision cycles in North America.

Aug 13, 2026 / CFO / receipt, needs a key / Juan Urthiague, CFO | earnings call 2026-08-13 | transcript 4325063c-0f3e-4c66-a164-fe6e671e031e | chars 8832-8958 | segment 9