Bilfinger Se Unsp/Adr (BFLBY) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.001 Good afternoon, ladies and gentlemen, and welcome to our Q1 2026 results 00:00:06.001 -- 00:00:11.410 call from Bilsinger. My name is Martina Kalkarke, and I'm here together 00:00:11.410 -- 00:00:16.578 with our group CEO, Thomas Scholz, and our group CFO, Matti 00:00:16.578 -- 00:00:22.007 Jekyll. As usual, we will start with a presentation of our quarterly highlights, 00:00:22.007 -- 00:00:24.837 and then open the call for your questions. 00:00:24.837 -- 00:00:30.144 Also, as usual, you can ask your questions via telephone by passing star 00:00:30.144 -- 00:00:32.727 and 1 or 00:00:32.727 -- 00:00:37.754 via chat on the webcast. During the presentation, everyone will 00:00:37.754 -- 00:00:43.562 be on the listen-only mode and the event will be recorded as usually. 00:00:43.562 -- 00:00:46.465 I now hand over to Thomas. Thomas, please. 00:00:46.465 -- 00:00:51.552 Hello, everybody, and thank you, Martina. So, let's start directly 00:00:51.552 -- 00:00:53.305 with the highlights. 00:00:53.305 -- 00:00:58.450 We had a slower start into the year and predominantly based 00:00:58.450 -- 00:01:03.836 on the severe weather conditions, what we all enjoyed, and which makes it quite difficult 00:01:03.836 -- 00:01:10.003 for us then in snow and ice to make the necessary work 00:01:10.003 -- 00:01:12.964 on our customer sites. 00:01:13.126 -- 00:01:15.709 When we look into the orders, it's minus 5%. 00:01:15.709 -- 00:01:17.211 Revenue 00:01:17.211 -- 00:01:20.896 is up despite the weather conditions by 4%. 00:01:20.896 -- 00:01:27.143 And our EBITDA margin is on 4.6, which is a 5% improvement on EBITDA. 00:01:27.143 -- 00:01:30.845 The earnings per share went up to 0.99 00:01:30.847 -- 00:01:35.913 euro. The cash flow is 21 million. And the...