Heidelberger Druck (HBGRF) Q4 2026 Earnings Call

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WEBVTT 00:00:01.718 -- 00:00:06.084 Good afternoon, good morning, ladies and gentlemen, and welcome to the conference call 00:00:06.084 -- 00:00:09.768 for the publication of preliminary figures FY 2025-26. 00:00:09.768 -- 00:00:12.009 At this 00:00:12.372 -- 00:00:15.576 time, all participants have been placed on the listen-only mode. 00:00:15.576 -- 00:00:18.639 The floor will be open for questions following the presentation. 00:00:18.639 -- 00:00:23.223 Let me now turn the floor over to your host, Jürgen Otto. 00:00:23.225 -- 00:00:27.250 Good morning, ladies and gentlemen, and welcome to Heidelberg's conference call. 00:00:27.250 -- 00:00:32.215 our preliminary financial results for fiscal year 2025-26. 00:00:32.215 -- 00:00:34.177 We 00:00:34.177 -- 00:00:39.442 would like to give you some insight on the financial performance of last fiscal year, 00:00:39.442 -- 00:00:44.507 while our strategic outlook and financial guidance will be presented 00:00:44.507 -- 00:00:50.331 to you in our press conference dated 10th of June 2026. 00:00:52.934 -- 00:00:54.936 2025-26 was 00:00:54.936 -- 00:01:00.343 characterized by setting the right strategic direction for Heidelberg with a great 00:01:00.343 -- 00:01:05.349 amount of projects and measures which we initiated and partly 00:01:05.349 -- 00:01:07.391 already finished. 00:01:07.391 -- 00:01:13.618 We will summarize at a later stage of this presentation, but to tell it in a nutshell, 00:01:13.618 -- 00:01:19.485 we have set the right points for the mid and long-term development of Heidelberg. 00:01:19.485 -- 00:01:24.721 Operational-wise, we are looking back at a challenging and volatile external 00:01:24.721 -- 00:01:29.968 environment with increased geopolitical tensions, such as the Iran 00:01:29.968 -- 00:01:31.968 c...