Gea Group Ag Ord (GEAGF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Welcome to the Gear Group AIG second quarter 2025 conference call and webcast. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be the question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone keypad. You will then hear an automatic message advising your hand is raised. To withdraw a question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to our first speaker today, Oliver Luckenbach, Head of Investor Relations. Please go ahead. Thank you very much and good afternoon, ladies and gentlemen, and thank you for joining us today for our second quarter 2025 earnings conference call. With me on the call are Stefan Klevert, our CEO, and Bernd Brinker, our CFO. Stefan will begin today's call with the highlights of the second quarter. Bernd will then cover the business and financial review before Stefan takes over again for the Outlook 2025. Afterwards, we open up the line 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, a hand over to Stefan. Thank you, Oliver, and a good afternoon, everybody. It's my pleasure to welcome you to our conference call today again. In the second quarter of 2025, GEA has once again delivered a very good performance and continues to improve all major key figures. Autointel grows year over year by 5% in organic terms to 1.3 billion euros. Sales rose organically by 1.5%. As already mentioned in the previous quarter, the slower sales generation in the first half of this year is due to the order backlog co...