Jan Strecker
Head of Investor Relations
Replay available
Deutsche Boerse Ag Namen (OTC: DBOEF) Q1 2026 earnings conference call, held 2026-04-28. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Deutsche Bank
Analyst, TP Morgan
Analyst, Bank of America
Analyst, UBS
Analyst, Park Place
Analyst
Analyst, Autonomous Research
Analyst
Analyst, Jefferies
Analyst, Goldman Sachs
Good afternoon, ladies and gentlemen, and welcome to the Deutsche Werbe AG analyst and investor conference call regarding the first quarter of 2026. At this time, all participants have been placed on a listen-only mode, and the floor will be open for questions following the presentation. Let me now turn the floor over to Mr. Jan Strecker. Welcome, ladies and gentlemen, and thank you for joining us today to review our financial results for the first quarter of 2026. Present on today's call are Stefan Leitner, our Chief Executive Officer, and Jens Schulte, Chief Financial Officer. Stefan and Jens will take you through the presentation. Following their remarks, we will open the line for your questions. The presentation materials have been distributed by email and are also available for download on our investor relations section of the website. This call is being recorded and the replay will be made available shortly after the conclusion of today's session. With that, let me now hand over to you, Stefan. Thank you, Jan, and welcome, everyone. As the opening chart makes clear, Q1 was more than a good start. It was a strong one, and it reflects the quality and resilience of what we have built. Our structural growth drivers continued to deliver and accelerate, and our model benefited from a spike in volatility. Together, these dynamics put us well on track to reconfirm our ambitious full-year outlook. Let me therefore first comment on recent events and the resilience and performance of our operations. We have started the year in a market environment characterized by a sharp rise in geopolitical tensions, resurgent inflation, and rapidly shifting interest rate expectations, all of which drove a significant increase in market activity. In this period of heightened volatility,...