Gea Group Ag Ord (GEAGF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much and good afternoon, ladies and gentlemen, and thank you all for joining us today for our first quarter 2026 earnings conference call. With me on the call are Stefan Klebert, our CEO, and Alexander Kocherscheidt, our CFO. Stefan will begin today's call with the highlights of the first quarter, and Alexander will then cover the business and financial review before Stefan takes over again for the Outlook 2026. Afterwards, we will open the call up for the Q&A session. Please be aware of the cautionary language that is included in our safe harbor statement as in the material that we have distributed today. And with that, I hand over to Stefan. Thank you very much, Oliver, and a good afternoon, everybody. It's my pleasure to welcome you again to our conference call today. Please keep in mind that we operate under our new organizational structure from 1st of January 26th and hence will report our first quarter 26 results in our new divisional setup. Pure flow processing, nutrition plant engineering, pharma and food applications and farm technologies. The new organization reduces complexity and reduces costs. We have already seen first benefits. from it in the first quarter and for the entire year 26 weeks back savings of 10 to 15 million euros. Another 10 million euro is coming on top on 27. We had a strong start in 26. Our key performance indicators improved significantly once again. As indicated with our fourth quarter release, the 1.8 billion euro order intake, which we booked in the fourth quarter of 2025, was extraordinarily strong and shouldn't be considered as a new normal. We benefited from nine large orders, which of course cannot be repeated every single quarter. The first quarter of 26 reflects now a more normalized level of large orders and i...