Gerresheimer AG (GRRMF) Q3 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Gerresheimer Ag.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.417 Good morning, everyone, and welcome to our presentation of our preliminary Q3 2025 00:00:05.417 -- 00:00:10.824 results. With us today are our CEO, Dietmar Siemsen, and our new CFO, 00:00:10.824 -- 00:00:15.549 Wolf Lehmann, who will lead you through our Q3 development and the financials. 00:00:15.549 -- 00:00:18.533 The slide deck is available on our website. 00:00:18.533 -- 00:00:22.377 At the end of the presentation, we will be available for Q&As. 00:00:22.377 -- 00:00:25.641 But now, let's start, and I hand over to Dietmar Siemsen. 00:00:25.641 -- 00:00:26.482 Dietmar? 00:00:26.482 -- 00:00:31.509 Yeah, thank you, Peter. Thank you, Guido, and welcome, everybody, and thank you 00:00:31.509 -- 00:00:34.951 for joining us for this call. 00:00:34.973 -- 00:00:37.816 Yeah, you have all seen the news, and they are not positive. 00:00:37.816 -- 00:00:41.401 We unfortunately had to revise our guidance for 2025. 00:00:41.401 -- 00:00:43.401 Yeah, 00:00:44.124 -- 00:00:49.350 Q3 came in lower than expected. The organic revenues were 1.2% 00:00:49.350 -- 00:00:52.473 below the previous year's quarter, 00:00:52.473 -- 00:00:57.136 and the adjusted EBITDA was 9.4% below. 00:00:57.136 -- 00:01:03.041 The adjusted EBDR margin was 18.8 and thus 1.7% 00:01:04.926 -- 00:01:08.711 lower than in the previous year's period. 00:01:08.711 -- 00:01:13.898 We won't be able to compensate this until the end of the year, even though we expect 00:01:13.898 -- 00:01:19.102 Q4 to be stronger than the third quarter. 00:01:19.165 -- 00:01:24.378 And we did not expect this development. It is disappointing to say at least and we clearly 00:01:24.378 -- 00:01:28.624 have to increase our measures to get back on track. 00:01:28.624 -- 00:01:34.110 We will, and also...