Pierre-Yves Gauthier
Analyst, Alfa Value
Replay available
Drägerwerk AG & Co. KGaA (LSE: 0MT8) Q4 2025 earnings conference call, held 2026-03-24. Replay captured from the company's public earnings webcast.

Analyst, Alfa Value
Analyst, Kepler
CFO
CEO
Ladies and gentlemen, welcome to the Dragerwerk Full Year twenty twenty five Earnings Call. I am Moritz, your conference call operator. I would like to remind you that all participants will be in a listen only mode and the conference is being recorded. The presentation will be followed by a question and answer session. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Stefan Drager, CEO. Please go ahead, sir. Well, good afternoon and thank you for joining our conference call on our financial results for the fiscal year 2025. I have with me today, Gertape Jasco, CFO, as well as Tom Fishlein and Nicolas Samerschmidt, both Investor Relations. We would like to take you through the results with the presentation that we made available on our webpage this morning. Following the presentation, we will open the floor to your questions. Let's get started on page five with the business highlights. In 2025, we continued our successful course and generated the highest net sales in our company's history. Both divisions in all regions contributed to this. At around €3,500,000,000 net sales were slightly above our last forecast and around €25,000,000 above the level of the exceptionally strong coronavirus year 2020. Unlike during the pandemic, this is a new record that we achieved entirely without a special economic situation. Thanks to the operating momentum, our earnings before interest and taxes also developed very well. EBIT rose by more than 20% to around $233,000,000 despite difficult conditions. The EBIT margin increased by roughly one percentage point to 6.7%, also exceeding our last forecast. This shows that we are making progress in improving our profitability. Order intake also developed very well. As with net ...