Fresenius Medical Care AG (FMS) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.176 Ladies and gentlemen, welcome to the report on second quarter 2025 conference call. 00:00:06.176 -- 00:00:09.079 I am Sandra, the course call operator. 00:00:09.079 -- 00:00:12.201 I would like to remind you that all participants have been listened only mode and the 00:00:12.201 -- 00:00:17.786 conference has been recorded. The presentation will be followed by a Q&A session. 00:00:17.786 -- 00:00:23.171 You can register for questions at any time by pressing star and one on your telephone. 00:00:23.171 -- 00:00:26.814 For operator assistance, please press star and zero. 00:00:26.814 -- 00:00:30.372 The conference must not be recorded for publication or broadcast. 00:00:30.372 -- 00:00:32.895 At this time, it's my pleasure to hand over to Dr. 00:00:32.895 -- 00:00:35.979 Dominic Hager. Please go ahead, sir. 00:00:35.979 -- 00:00:41.145 Thank you, Sandra. I would like to welcome everyone to our earnings call for the second 00:00:41.145 -- 00:00:44.188 quarter of 2025. As 00:00:44.188 -- 00:00:49.414 always, I would like to start out the call by mentioning our cautionary language that 00:00:49.414 -- 00:00:54.721 is in our safe harbor statement as well as in our presentation and in all the materials 00:00:54.721 -- 00:01:00.231 that we have distributed earlier today. For further details concerning risks and uncertainties, 00:01:00.231 -- 00:01:04.776 please refer to these documents and to our ethics filings. 00:01:04.776 -- 00:01:09.581 We will have 60 minutes for the call. To give everyone the chance to ask questions, we 00:01:09.581 -- 00:01:13.825 would like to limit the number of questions to two. 00:01:13.825 -- 00:01:17.569 It would be great if you could make this work, as always. 00:01:17.569 -- 00:01:23.154 Let me now welcome H...