adesso SE (0N5I) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everybody. This is Martin Mellmann of Adesso IR speaking. First of all, I'd like to thank you for joining our Q3 and nine months earnings call regarding our quarterly statement we have published today. Within our release this morning, you read that Adesso continued its organic growth path with 13% increase in sales comparing the third quarter as well as the nine months figures. Hence, sales went up to more than €1.1 billion after nine months. Operating profit improved even more strongly, rising by 17% to €77.9 million. Thereof, the third quarter of 2025 alone contributed €40.8 million in EBITDA, underlining the guided stronger earnings contribution in the second half of the year. Outlook remains largely positive, so ADESO sees itself on track to meet the full year guidance. I'd now like to welcome as well as CFO Michael Knopf, who will give us a deeper insight into the figures of the first nine months and the outlook for the remainder of the current year. As always, I'd like you to mute yourself during the presentation. Feel free to open up the channels for the Q&A session afterwards. Participants on phones may want to mute or unmute their microphones via the star key followed by the number six of their phones. Thank you so far. And Michael, please go ahead. Thank you, Martin. Good morning and also from my side. And yeah, it's always a head start with a look at our... Just a moment. As always, let's start with a look at our revenues. After nine months, we have achieved revenues of 1,084,000,000, which is an increase of 13%. If we look a little bit more in detail into that, we started with 353,000,000 and the growth rate of 11% in Q1. 356 million, a growth rate of 13% in Q2, and now 375 million growth rate, again, 30%. So growth during the year is a litt...