Fresenius Se & Co (FSNUF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.199 Hello everyone, welcome to our Q1 2026 earnings call and webcast. 00:07:02.260 -- 00:07:06.626 The presentation was emailed to our distribution list earlier today and is available 00:07:06.626 -- 00:07:10.872 on Presenius.com. On slide two of the presentation, you'll find the usual safe harbor 00:07:10.872 -- 00:07:14.577 statements. Unless stated otherwise, we'll comment on our performance using constant 00:07:14.577 -- 00:07:19.003 exchange rates. Today, I'm pleased to welcome Mike and Sarah, who will present the results 00:07:19.003 -- 00:07:23.189 of another quarter of competitive growth. As usual, the call will last approximately 00:07:23.189 -- 00:07:27.655 one hour, with the presentation taking around 30 minutes, with remaining time for your 00:07:27.655 -- 00:07:31.957 questions. To give everyone a chance to participate, please limit your questions to one 00:07:31.957 -- 00:07:37.042 to two in the first instance, and we can always come back for a second round if needed. 00:07:37.042 -- 00:07:40.646 And with that, I will now hand the call over to Michael. 00:07:40.646 -- 00:07:45.251 Thank you, Nick, and welcome to everybody joining us today. 00:07:45.251 -- 00:07:47.311 I am, 00:07:47.554 -- 00:07:49.716 we are pleased 00:07:49.716 -- 00:07:54.781 to report an excellent start to 2026, fully 00:07:54.781 -- 00:07:57.880 in line with our expectations, 00:07:57.880 -- 00:08:04.026 building on our great momentum and reconfirming our full year guidance. 00:08:04.026 -- 00:08:09.472 As always, Sarah and I will walk you through the key operational and financial highlights 00:08:09.472 -- 00:08:15.636 of our individual businesses within CABI and Helios in a moment. 00:08:15.898 -- 00:08:21.884 Rejuvenating action means that our nex...