PVA TePla AG (0NL1) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.320 Good morning, ladies and gentlemen, and welcome to today's earnings call of the PVA Teplar 00:00:05.320 -- 00:00:09.186 AG following the publication of the figures for the third 00:00:09.186 -- 00:00:13.590 quarter of 2025 and the first nine months. 00:00:13.794 -- 00:00:17.520 In a second, CEO Jaline Ketter and CFO Markus Gross will present our results. 00:00:17.520 -- 00:00:22.428 And after the presentation, as usual, you will have the opportunity to ask your questions 00:00:22.428 -- 00:00:25.273 in a Q&A session. And having said this, Ms. 00:00:25.273 -- 00:00:27.638 Ketter, the stage is yours. 00:00:27.638 -- 00:00:31.764 Thanks, Sebastian. And also good morning from my side to our earnings call of the third 00:00:31.764 -- 00:00:38.230 quarter. Before we start with the presentation, let me give you some general remarks. 00:00:38.373 -- 00:00:43.400 The economic situation around us is still challenging and it was getting 00:00:43.400 -- 00:00:47.725 even worse in the third quarter as it materialized 00:00:47.725 -- 00:00:52.111 in our operational business at the end of the third quarter. 00:00:52.111 -- 00:00:56.832 But we also see a very positive development in our order book. 00:00:56.832 -- 00:01:00.517 and a very good start into the fourth quarter. 00:01:00.517 -- 00:01:05.543 And what makes me even more positive for that long-term development, we 00:01:05.543 -- 00:01:11.490 see the first R&D projects that are starting to contribute to our order book with 00:01:11.490 -- 00:01:16.757 contracts from battery development projects that we started during the year 2024 00:01:16.757 -- 00:01:18.837 and 2025. 00:01:18.959 -- 00:01:20.959 Yeah, 00:01:21.322 -- 00:01:24.676 so let's have a look to the third quarter. 00:01:24.676 --...