Elringklinger Ag (EGKLF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Edwin Kringer AG Q3 2025 earnings conference call. I am Moira, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference has been recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Thomas Yesulat, CEO. Please go ahead. Ladies and gentlemen, welcome to our earnings call for the third quarter of 2025. Also, on behalf of my colleague on the board here, our CFO, Ms. Isabel Daun. Today, I will start with some highlights also from a strategic perspective, and my colleague Isabelle will walk you through the key results for Q3. With this publication, we reaffirm our guidance for 2025 as well as our medium-term outlook originally communicated in the annual report in March. As always, We will conclude the presentation under the Q&A session, and we look forward to addressing your questions. We advance the implementation of our Shape 30 transformation strategy as a top priority. Since its launch last year, we have made significant process in reshaping the Erlen-Klinger group and further measures on process. Another measure is the streamline program, which aims to reduce personnel costs. Initial savings are expected to take effect in 2026, with full savings realized by 2027. In addition, our organic sales performance during the first nine months of 2025 grew by 2.2% compared to the previous year, outperforming the European market, which recorded a decline of 1.7% over the same period. We're making significant process in t...