Fresenius Medical Care AG (FMS) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.316 Ladies and gentlemen, welcome to the report on first quarter 2026 earnings 00:00:05.316 -- 00:00:09.380 conference call. I am Valentina, the Carlos call operator. 00:00:09.380 -- 00:00:13.064 I would like to remind you that all participants will be in listen-only mode and the 00:00:13.064 -- 00:00:18.229 conference is being recorded. The presentation will be followed by Q&A session. 00:00:18.229 -- 00:00:23.314 You can register for questions at any time by pressing star and one on your telephone. 00:00:23.314 -- 00:00:27.031 For operator assistance, please press star and zero. 00:00:27.031 -- 00:00:31.256 The conference must not be recorded for publication or broadcast. 00:00:31.256 -- 00:00:33.720 At this time, it's my pleasure to hand over to Dr. 00:00:33.720 -- 00:00:37.164 Dominik Hege. Please go ahead. 00:00:37.164 -- 00:00:42.030 Thank you, Valentina. I would like to welcome everyone to our earnings call for the first 00:00:42.030 -- 00:00:44.411 quarter 2026. 00:00:44.493 -- 00:00:49.259 As always, I start out the call by mentioning our cautionary language that is in our 00:00:49.259 -- 00:00:54.326 safe harbor statement as well as in our presentation and in all the materials that we 00:00:54.326 -- 00:01:00.038 have distributed earlier today. For further details concerning risks and uncertainties, 00:01:00.038 -- 00:01:04.284 please refer to these documents and to our SEC filings. 00:01:04.284 -- 00:01:07.748 We will have a little bit under an hour for the call. 00:01:07.748 -- 00:01:13.155 In order to give everyone the chance to ask questions, we would limit the number of questions 00:01:13.155 -- 00:01:17.400 to two. Thank you for making this work, as always. 00:01:17.400 -- 00:01:22.206 Let me now welcome Helen Gieser, C...