Jenoptik AG (0ZPV) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.715 Good morning, ladies and gentlemen, and welcome to the Unoptic conference call regarding 00:00:04.715 -- 00:00:08.557 the results of the first nine months, 2025. 00:00:09.099 -- 00:00:13.323 At this time, all participants have been placed on a listen-only mode. 00:00:13.323 -- 00:00:17.545 The floor will be open for questions following the presentation. 00:00:17.606 -- 00:00:20.069 Let me now turn the floor over to your host, Dr. 00:00:20.069 -- 00:00:22.409 Stefan Treger. 00:00:25.353 -- 00:00:31.417 Thank you very much, and a very warm welcome to our Q3 earnings call. 00:00:32.532 -- 00:00:35.215 Our third quarter has 00:00:35.215 -- 00:00:37.618 been a quarter of 00:00:37.618 -- 00:00:41.703 light and shadows, as so many other companies report. 00:00:41.703 -- 00:00:43.666 We have some specialties 00:00:43.666 -- 00:00:48.372 that I was pointing out, and throughout the call, we are going to do that. 00:00:48.372 -- 00:00:53.498 With me today is, as usual, Priska Havane-Kozacek, our 00:00:53.498 -- 00:00:58.544 CFO. And I'll give some sort of color up front, and then Priska is going 00:00:58.544 -- 00:01:03.244 to lead us through the through the numbers. 00:01:03.244 -- 00:01:08.288 As I said, first quarter, a bit of a quarter of light and shadows. 00:01:09.732 -- 00:01:15.078 Revenue is down from prior year figures. 00:01:15.078 -- 00:01:20.845 If you take the third quarter 2025 versus third quarter 2024, our net 00:01:20.845 -- 00:01:26.872 sales are down by around minus 7%. And as a result, EBITDA 00:01:26.872 -- 00:01:31.004 or operating profit is also down versus prior year figures. 00:01:31.004 -- 00:01:36.750 That goes for the quarter as well as for the full year, year-to-date. 00:01:36.750 -- 00:01:38.692 On the other han...