Andritz Ag Graz Akt (ADRZF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the UNRID's full year 2025 results conference and live webcast. I'm Sergan, the course call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. If you would like to ask a question from the webinar, you may click the Q&A button on the left side of your screen and then click the raise your hand button. If you are connected via phone, please press star followed by 1 on your telephone keypad. For operator assistance, please press operator assistance button on the bottom left side on your screen or star 0 on your telephone keypad. At this time, it's my pleasure to hand over to Matthias Eifenberger, Head of Investor Relations. Please go ahead, sir. Good morning and a warm welcome from Andritz out of Vienna this morning. After preliminary headline results a few weeks ago, it's my pleasure to welcome you to the final full year earnings call and webcast. I have the pleasure to present to you our CEO Dr. Joachim Schönbeck and our CEO Vanessa Helving. The earnings presentation will be structured as usual. We will present the CEO highlights, followed by the financial performance, followed by the performance across the business areas, and then ending up with guidance. We'll also conduct a Q&A session, and please register with your full name. And now I'd like to pass on to Dr. Joachim Schönberg for his elaborations. Thank you, Matthias. Good morning, everybody. Thank you for being with us this morning on the disclosure, not the disclosure, but on the details of our last year's results. If we look back to the year 2025, we can say the world has been cautious on investments but rich in geopolitical surprises. For hundreds, this...