Friedrich Vorwerk Group (FDVWF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.571 -- 00:00:02.571 regarding 00:00:03.455 -- 00:00:07.019 the Q1 figures of 2026. The 00:00:07.019 -- 00:00:12.186 company's CEO, Torben Kleinfeld, and CFO, Tim Harmeister, will guide you 00:00:12.186 -- 00:00:17.513 through the figures in a moment, followed by a Q&A session via audio line 00:00:17.513 -- 00:00:21.952 and chat. And with that, I hand over to you, Torben. 00:00:21.952 -- 00:00:27.258 Thank you very much for the introduction and also a very warm welcome from my side. 00:00:27.258 -- 00:00:32.403 Welcome to the Q1 Earnings Call 2026 for the Group SE. 00:00:32.403 -- 00:00:37.108 As always, I would like to start up with a short summary of what is happening within 00:00:37.108 -- 00:00:41.433 our Companies Group and also with a short market update. 00:00:41.433 -- 00:00:45.918 Then I would hand over to Tim for the financial figures and would then give you at the 00:00:45.918 -- 00:00:50.723 end an overview of running projects which we are executing at the moment. 00:00:50.723 -- 00:00:55.910 So first of all, Friedrich Vorwerk is active since 60 years in the business of 00:00:55.910 -- 00:01:00.697 energy infrastructure. Our main market, focused here on the top right of this slide, 00:01:00.697 -- 00:01:06.225 is natural gas market, electricity market, clean hydrogen market, and adjacent opportunities, 00:01:06.225 -- 00:01:09.249 whereas the adjacent opportunities 00:01:09.249 -- 00:01:12.674 is mainly our activities in heating, 00:01:12.674 -- 00:01:17.761 district heating grids and stations, but also biomethane treatment and 00:01:17.761 -- 00:01:22.860 CO2 separation and transportation. Today, I would still like 00:01:22.860 -- 00:01:27.105 to show you this slide, although probably most of you know it or have seen it for a couple 00:01:...