Drägerwerk AG & Co. KGaA (0MT8) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Dragerwerk Q1 twenty twenty six Earnings Call. I am Sandra, the Chorus Call operator. I would like to remind you that all participants have been in listen only mode and the conference is being recorded. The presentation will be followed by a Q and A session. The conference must not be recorded for publication or broadcast. At this time, it is my pleasure to hand over to Stefan Drager, CEO. Please go ahead, sir. Hello. Good afternoon and thank you for joining our conference call on our financial results for the first three months of twenty twenty six. I have with me today Gerhard Mikhletko, CFO, as well as Tom Fischler and Nicolas Hammerschmidt, both Investor Relations. We would like to take you through the results of the presentation that we made available on our web page this morning. Following the presentation, we will open the floor to your questions. Let's get started on page five with the business highlights. With continued good demand, positive net sales development and significantly improved profitability, we delivered a strong business performance in the first three months of twenty twenty six. Order intake rose to around eight sixty five million dollars while net sales came back to growth at around $756,000,000 Thanks to the good operating business, improved gross margin and lower expenses, our EBIT increased significantly to roughly EUR18 million, lifting our EBIT margin to 2.4% for the first quarter. As a result of the good earnings performance, our free cash flow rose considerably to more than €44,000,000 As communicated two weeks ago, we confirm our guidance. I will come back to this in our outlook at the end of the presentation. The next week, we are hosting our annual shareholders meeting and will propose a higher d...