Dürr Aktiengesellschaft (DURYY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the DER conference call for the first quarter of 2025. I will now hand over to Andreas Schaller, Head of Investor Relations of DER-AG. Thank you very much, ladies and gentlemen. Good afternoon and good morning to those of you in the U.S. Welcome, everybody, to our Q1 earnings conference call. With me on the call today are our CEO, Jochen Weihrauch, and our CFO, Dietmar Heinrich. They will present the Q1 results as well as the outlook and will be happy to answer your questions afterwards. As always, our earnings presentation is available on our investor relations web pages, and we assume that you have it in front of you. Please be aware of our disclaimer regarding forward-looking statements on slide two. And now it's my pleasure to hand over to our CEO. Jochen, please go ahead. Thank you, Andreas, for the short introduction and a warm welcome also from my side to all participants on this call. On the following slides, we will mainly focus on the earnings of the continued operations in accordance with our last annual report. The environmental technology business is held for sale and the respective sales process is ongoing. We will comment on the main KPIs also for the DIRC group as a whole on one slide and refer you to the appendix for further details. As always, I will first go through the highlights and divisions, and then my colleague Dietmar will talk about the financials. At the end, I will reflect on the current situation and outlook. Let's take a look at the highlights of Q1 on slide five. Overall, we had a solid start into 2025. Our intake was robust and in line with our expectations at 1.1 billion euros. The prior year Q1 was boosted by a large partnership order in Germany for automotive. Without this special project, automotive o...