Andreas Hörlimann
Chairman of the Board of Directors
Replay available
LEM Holding S.A. (LSE: 0QKB) Q4 2026 earnings conference call, held 2026-05-26. Replay captured from the company's public earnings webcast.

Chairman of the Board of Directors
Chief Executive Officer
Chief Financial Officer
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WEBVTT 00:00:01.820 -- 00:00:05.224 Welcome to the length of year 00:00:05.224 -- 00:00:10.310 526 conference call. At this time, all participants have been placed 00:00:10.310 -- 00:00:15.317 on a listen-only mode. The floor will be open for questions following the presentation. 00:00:15.317 -- 00:00:20.661 Let me now turn the floor over to your host, Andreas Hörlimann, Board of Directors. 00:00:22.846 -- 00:00:24.922 Ladies and gentlemen, 00:00:24.922 -- 00:00:30.251 Thank you for coming here today for the full year results, 25-26 conference 00:00:30.251 -- 00:00:33.997 of LEM Holding, and a warm welcome from my side. 00:00:33.997 -- 00:00:39.847 Also to the participants who joined us via telephone conference or webcast. 00:00:39.847 -- 00:00:42.411 I'm Andreas Hurleyman, Chairman of the Board of Directors. 00:00:42.411 -- 00:00:47.560 I'm here with our CEO, Frank Rehfeld, and our CFO, Antoine 00:00:47.560 -- 00:00:49.560 Julia. 00:00:50.184 -- 00:00:51.770 25-26. 00:00:51.770 -- 00:00:56.996 once again characterized by market uncertainty, currency headwinds. 00:00:56.996 -- 00:01:01.642 While conditions remain challenging, including ongoing pricing pressure in China, we 00:01:01.642 -- 00:01:06.748 saw signs of stabilization supported by mostly normalizing inventory levels 00:01:06.748 -- 00:01:09.812 and some positive signals in Western markets. 00:01:09.812 -- 00:01:14.958 Momentum was particularly evident in automation and energy distribution and high 00:01:14.958 -- 00:01:19.546 precision, supported by data center-related demand. 00:01:19.546 -- 00:01:24.033 Order intake improved towards the end of the financial year. 00:01:24.033 -- 00:01:28.801 Frank and Antoine will provide more details on business development and financial performance 00:01:28.801 -- 00:01...