Friedrich Vorwerk Group (FDVWF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome, ladies and gentlemen, to the earnings call of Friedrich Vorwerk Group SE regarding the full year figures of 2025. The company's CEO, Torben Kleinfeld, and CFO, Tim Harmeiser, will guide you through the presentation and the figures shortly, followed by a Q&A session via audio line and chat box. Having said this, Torben, the stage is yours. Yeah, thank you very much, and also a warm welcome from my side. Welcome to the Friedrich Vorwerk earnings call 2025. I will, for everybody who is not in detail familiar with Friedrich Vorwerk, run you very quickly through the main topics of our company and then give you a short market update. about the latest developments in our main markets. Then I will hand over to Tim for, of course, the financial figures, which are key to this meeting here. And then I will give you a business update about our current projects we are running at the moment, at least the last ones. So, yeah, Friedrich Vorbeck has been active since founding in 1962, so with more than 60 years of experience in the business of engineering and constructing energy infrastructure here in Germany mainly. we can look back at numerous very successful projects in our highly attractive main market, which is natural gas transition, electricity transition, clean hydrogen transition, and, of course, adjacent opportunities where we sum up our activities in district heating, CO2 treatment and transport and treatment of biomethane. Today, we are operating from 14 locations within the north, mainly in the north of Germany, with more than 2,200 well-trained employees. And, yeah, due to... The energy transition, which is still going on here in Germany, we can look back at a very strong order intake already also in 2025. So, we were able to acquire projects in a total volume ...