Knorr-Bremse AG (0KBI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, ladies and gentlemen, and welcome to the Q1 2025 Financial Results Conference. At this time, our participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to Andreas Schwissauer, Head of Investor Relations. Thank you, Operator. Good afternoon as well as good morning, ladies and gentlemen. I hope all of you are very, very fine. My name is Andreas Spitzauer, Head of Investor Relations. I want to welcome you to Knorr-Bremse's presentation for the first quarter result of 2025. Today, Marcus Tosea, our CEO, and Frank Weber, our CFO, will present the results of Knorr-Bremse, followed by a Q&A session. The conference call will be recorded on page www.knorr-bremse.com in the Investor Relations section. It is now my pleasure to hand over to Marcus Tosea. Please go ahead. Many thanks, Andreas. Ladies and gentlemen, welcome to our capital market poll for the first quarter 2025 results. Let's start with the key takeaways for today on the page two. To keep it short and crisp, it's now Ramses in good shape. Quarter one developed as expected. We demonstrated resilience in ongoing challenges of time and ability we have maintained for more than two years now. due to the decentralized set-up of Joe Brunson, our strong local-for-local production and business approach, we have limited cross-border shipments and high localization rates in all imported regions. The overall balanced regional mix of approved revenues limits terrorist risks which we all have to face and which we all currently face. Additionally, we have a solid foundation with strong customer elevations, a superior financial position, industrial backbone, leading technologies, and most importantly, the right people at the right ...