Polytec Holding AG (0GOX) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining us for today's investor and analyst conference call on Polytech quarter three results 2025. I have to excuse myself for my voice, but I caught a cold. The good news at the very beginning. The third quarter, July to September, was the quarter with the best earnings figures during the current fiscal year. Although experience has shown that the third quarter is usually characterized by lower sales revenues, due to the customer's factory vacations. The earning situation has shown a significant improvement compared to prior year. We continued our positive trend and were able to improve almost every financial KPI compared to the same period of the previous year. The results of the Polytech Group for the nine months 2025 are in line with our expectations. More details on the figures later. As part of our efficiency improvements, the number of employees was reduced by around 300 full-time equivalents to 3,560 at the end of September. In order to optimize the strategic orientation and future economic performance of the Polytech Group, work is being done to adapt the current product and service portfolio. At the beginning of July 2025, it was decided to close the Weyerbach plant in Nieder-Oberstein, Germany at the end of April 2026. In this context, a negative one-off effect was already recorded in the first half of 2025. Furthermore, the aim is to increase sales revenues in the smart plastic and industrial applications market area to around 30% of the total group sales in the medium term. As a result, the earning situation is expected to improve further. As the current year is entering the home stretch, we have gradually specified the outlook for the full year 2025. From today's perspective, the management of Polytech Holding AG expects planned consolida...