Deutz Ag Akt (DEUZF) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone. Please note that this call is being recorded and the replay will be available on our website joids.com later today. Your participation in the call implies your consent with this As this is my first call being responsible for IR, I'd like to thank Christian Ludwig for his commitment over the past years. It's his final day at Deutz. Joining me today are our CEO Sebastian Schulte as well as our CFO Timo Kruter. As usual, Sebastian will walk you through the highlights of the performance of the group and then hand over to Timo who provides some details on our financial figures. Sebastian will close the presentation with our current market outlook and our guidance. After this introduction, we will be happy to answer your questions. Please note that management comments during this call will include forward-looking statements which involve risks and uncertainties. For the discussion of risk factors, I encourage you to review the disclaimer contained in our annual report and this presentation. All documents relating to our Q1-24 reporting are available on our website. With that, I would like to hand over to our CEO, Sebastian Schulte. Thank you very much, Marc, and good morning, good day, also from my side to our first earnings call for the financial year 24. And, yeah, it's been an interesting but overall a good start into the year because we started, obviously, in that year with a very solid performance in the first quarter, and, you know, the economic situation has certainly improved softened or weakened up a little bit particularly for compared with a very strong demand situation in 22 and most of the time through the year 23 as well where clearly the demand for our products and the products of our competitors exceeded the supply, not only caused by...