Jost Werke Se (JSTWF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Joost Werke Q1 2025 earnings conference. I'm Moritz, the chorus call operator. I would like to remind you that all participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question and answer session. If you would like to ask a question from the webinar, you may click the Q&A button on the left side of your screen and then click your raise your hand button. For written questions, please click the Q&A button on the text button on the tab near your questions. If you are connected via phone, please press star followed by one on your telephone keypad. For operator assistance, please press the operator assistance button on the bottom left side of your screen or star zero on your telephone keypad. At this time, it's my pleasure to hand over to Joachim Dürr, CEO. Please go ahead, sir. Thank you very much and a warm welcome to the Joost Werke SA earnings conference for the quarter one 2025. You will see Oliver and myself today separated. There's about 16,000 kilometers between us because I'm speaking from the Brisbane Truck Show. But I hope that technology will not let us down and can give you a good overview of what we think was a good start in the year 2025. Going through the Q1 highlights, we were closing the HUVA transaction on January 18th. 31st, 2025, and we were able to get already some positive contributions of that merger on an adjusted EBIT earnings per share level in the first quarter. The post-merger integration is fully on track. The identified adjusted EBIT synergies of 27 million are identified, and we have a very high confidence that we will be able to implement them We had very positive customer and market response to the Hiva acquisition, and that supports our synergy plan. On the...