Montana Aerospace AG (0AAI) Q1 2024 Earnings Call

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WEBVTT 00:00:00.183 -- 00:00:05.108 Thank you very much and a warm welcome from my side, Michael Pistower, my name, co-CEO 00:00:05.108 -- 00:00:08.111 and CFO of Montana Aerospace. 00:00:08.111 -- 00:00:13.797 I will guide you together with my colleague, Kai Arndt, co-CEO of the company through 00:00:13.797 -- 00:00:17.080 today's earnings call for the first quarter 2024. 00:00:17.080 -- 00:00:22.246 We're very proud to present today's quarterly results and 00:00:22.246 -- 00:00:27.554 happy to answer any questions after the presentation. 00:00:27.554 -- 00:00:32.679 Let me directly jump into the key financial highlights of the first quarter 00:00:32.679 -- 00:00:38.044 2024. And here you see that, again, we can probably present 00:00:38.044 -- 00:00:43.250 the growth within the most crucial KPIs, so like 00:00:43.250 -- 00:00:48.615 net sales and EBITDA or net income. And to start with net sales, here we 00:00:48.615 -- 00:00:54.301 have a growth in comparison to last year's first quarter of, 00:00:54.301 -- 00:00:57.153 again, double-digit 12%. 00:00:57.153 -- 00:01:01.318 to almost 400 million for the first quarter. 00:01:01.318 -- 00:01:06.645 And let me explain it like this. We had the growth exactly at the right 00:01:06.645 -- 00:01:11.852 areas, exactly there where we wanted it. And this is the reason when you 00:01:11.852 -- 00:01:17.299 have a look at the adjusted EBITDA, why we grew over proportionately on the adjusted 00:01:17.299 -- 00:01:22.445 EBITDA. Strong growth came, as you will see later in the details, in 00:01:22.445 -- 00:01:27.831 the segment aerospace mainly, followed by Energy 00:01:27.831 -- 00:01:31.134 in these areas where over-proportional 00:01:31.134 -- 00:01:33.636 EBITDA is also resulting, 00:01:33.636 -- 00:01:35.278 ending 00:01:3...