Polytec Holding AG (0GOX) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.476 Thank you for joining us for today's investor and analyst conference call on Polytech 00:00:04.476 -- 00:00:08.281 quarter three results 2025. I 00:00:08.281 -- 00:00:13.467 have to excuse myself for my voice, but I caught a cold. 00:00:13.467 -- 00:00:16.431 The good news at the very beginning. 00:00:16.431 -- 00:00:21.197 The third quarter, July to September, was the quarter with the best earnings figures 00:00:21.197 -- 00:00:23.840 during the current fiscal year. 00:00:23.840 -- 00:00:28.686 Although experience has shown that the third quarter is usually characterized by lower 00:00:28.686 -- 00:00:33.035 sales revenues, due to the customer's factory vacations. 00:00:33.035 -- 00:00:39.722 The earning situation has shown a significant improvement compared to prior year. 00:00:39.866 -- 00:00:45.795 We continued our positive trend and were able to improve almost every financial KPI 00:00:45.795 -- 00:00:49.581 compared to the same period of the previous year. 00:00:49.581 -- 00:00:53.687 The results of the Polytech Group for the nine months 2025 00:00:53.687 -- 00:00:56.588 are in line with our expectations. 00:00:56.732 -- 00:00:59.752 More details on the figures later. 00:00:59.752 -- 00:01:04.758 As part of our efficiency improvements, the number of employees was reduced by around 00:01:04.758 -- 00:01:10.304 300 full-time equivalents to 3,560 at the end 00:01:10.304 -- 00:01:12.424 of September. 00:01:13.708 -- 00:01:18.693 In order to optimize the strategic orientation and future economic performance of the 00:01:18.693 -- 00:01:24.676 Polytech Group, work is being done to adapt the current product and service portfolio. 00:01:24.676 -- 00:01:30.021 At the beginning of July 2025, it was decided to close the Weyerbach plant ...