PVA TePla AG (0NL1) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.259 Good morning, ladies and gentlemen, and welcome to today's earnings call of PVA Tepla. 00:00:05.259 -- 00:00:09.885 Today, CEO Jaline Ketta and CFO Markus Gross will present our business highlights for 00:00:09.885 -- 00:00:14.752 the first half of 2025, as well as the corresponding financial figures. 00:00:14.752 -- 00:00:19.279 And as usual, you will have the opportunity to ask your questions in a Q&A session after 00:00:19.279 -- 00:00:26.246 the presentation. And having said this, let me now hand over to CEO Jaline Ketta. 00:00:26.542 -- 00:00:31.744 Thanks, Sebastian, and also a very warm welcome and good morning to our earnings 00:00:31.744 -- 00:00:35.317 call of the second half of 2025 from my side. 00:00:35.317 -- 00:00:39.543 Today, we will give you a brief update on our first half of 2025. 00:00:39.543 -- 00:00:44.950 And I would like to also take the opportunity today to remind you that our 00:00:44.950 -- 00:00:50.237 Capital Markets Day will be held in London on the 2nd of September. 00:00:50.237 -- 00:00:54.743 And it's possible to participate in presence or remote. 00:00:54.743 -- 00:00:59.970 So if you're not signed up yet, please take the opportunity to let us know if 00:00:59.970 -- 00:01:02.351 you want to participate. 00:01:02.890 -- 00:01:08.618 Before we are starting with the presentation, let me give you a brief general overview 00:01:08.618 -- 00:01:11.242 about our situation. 00:01:11.242 -- 00:01:13.606 The economic environment 00:01:13.606 -- 00:01:16.307 is still challenging. 00:01:16.770 -- 00:01:22.078 And investment decisions from potential customers and customers are still 00:01:22.078 -- 00:01:26.322 holding back. So hard 00:01:27.767 -- 00:01:32.896 to make the decisions at the actual moment still...