PVA TePla AG (0NL1) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to today's earnings call of PVA Tepla. Today, CEO Jaline Ketta and CFO Markus Gross will present our business highlights for the first half of 2025, as well as the corresponding financial figures. And as usual, you will have the opportunity to ask your questions in a Q&A session after the presentation. And having said this, let me now hand over to CEO Jaline Ketta. Thanks, Sebastian, and also a very warm welcome and good morning to our earnings call of the second half of 2025 from my side. Today, we will give you a brief update on our first half of 2025. And I would like to also take the opportunity today to remind you that our Capital Markets Day will be held in London on the 2nd of September. And it's possible to participate in presence or remote. So if you're not signed up yet, please take the opportunity to let us know if you want to participate. Before we are starting with the presentation, let me give you a brief general overview about our situation. The economic environment is still challenging. And investment decisions from potential customers and customers are still holding back. So hard to make the decisions at the actual moment still because there are uncertainties that our customers have to handle with. Despite that situation, we have ended with a very solid first half of 2025. And we are very well on track with our strategic execution of our long-term targets. Let's have a look to our agenda of today. We will start with the business highlights of the second quarter and the first half of 2025. Then Markus will give you a brief overview about the financials. And I will then close with our strategy update and the outlook before we are coming to your questions. The highlights of the first half can be divided in...