Drägerwerk AG & Co. KGaA (0MT8) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.233 -- 00:00:04.597 Good afternoon, and thank you for joining our conference call on our financial results 00:00:04.597 -- 00:00:10.142 for the first three months of 2025. I have with me today Keita Pihlescu, 00:00:10.142 -- 00:00:16.007 CFO, as well as Tom Fischler and Nikolaus Hammerschmidt, both investor relations. 00:00:16.007 -- 00:00:20.471 We would like to take you through the results with a presentation that we made available 00:00:20.471 -- 00:00:23.914 on our webpage this morning. 00:00:23.914 -- 00:00:25.896 Following the presentation, 00:00:25.896 -- 00:00:30.975 we will open the floor to your questions. Let's get started on page five with the 00:00:30.975 -- 00:00:33.119 business highlights. 00:00:33.119 -- 00:00:38.267 The first quarter is usually the weakest in our fiscal year. 00:00:38.267 -- 00:00:43.795 Against this background, we deliver robust net sales, slightly 00:00:43.795 -- 00:00:48.523 positive earnings, and higher operating cash flow. 00:00:48.523 -- 00:00:53.651 In terms of demand, we delivered the best Q1 since the first quarter 00:00:53.651 -- 00:00:56.933 of our record-breaking year 2020, 00:00:56.933 -- 00:01:02.278 when we achieved an order intake of nearly 1.4 billion due to the high demand 00:01:02.278 -- 00:01:06.120 for ventilators and FFP masks. 00:01:07.003 -- 00:01:13.249 At around 861 million euro, our order intake 00:01:13.249 -- 00:01:18.834 in Q125 clearly surpassed the high level of the prior year period. 00:01:18.834 -- 00:01:20.816 Net sales 00:01:20.816 -- 00:01:22.858 at 730 00:01:22.858 -- 00:01:26.988 million euros almost reached the prior year figure. 00:01:26.988 -- 00:01:32.054 as in the last couple of quarters in the safety division developed better than 00:01:32.054 -- 00:01:37.261 the medical di...