On Holding AG (ONON) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, my name is Ellie and I will be your operator for today. Welcome to the on holding AG first quarter 2026 results call. Please note that this call is being recorded. After the speaker's prepared remarks, there will be a question and answer session. If you'd like to ask a question during that time, please press star and then one on your telephone keypad. Thank you. I'd now like to hand the call over to Liv Redlinger, Head of Investor Relations, please go ahead. Good afternoon and good morning to our investor community. Thank you for joining on First Quarter Earnings conference call and webcast. With me today on the call are Caspar Capetti, founder and co-CEO, Martin Hoffman, outgoing CEO and CFO, and Frank Floos, our new CFO as of May 1st, David Alleman, founder and co-CEO, will also join us for the Q&A session. Before we begin, I will briefly remind everyone that today's call will contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements reflect our current expectations and beliefs only and are subject to certain risks and uncertainties that could cause actual results to differ materially. Please refer to our annual report on Form 20S for the 2025 fiscal year filed with the SEC on 3rd March 2026 for a detailed discussion of such risks and uncertainties. We will further reference certain non-IFRS financial measures such as adjusted EBITDA and adjusted EBITDA margin. These measures are not intended to be considered in isolation or as a substitute for the financial information presented in accordance with IFRS accounting standards. please refer to today's release for a reconciliation to the most comparable IFRS measures. Lastly, we prevent certain metrics in US dollars during this call using the exchange ...