Rational Ag Lndsberg (RTLLF) Q4 2025 Earnings Call

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WEBVTT 00:00:01.718 -- 00:00:07.145 Good afternoon and welcome to Rational's earnings call for the fiscal year 2025. 00:00:07.145 -- 00:00:08.547 Following 00:00:08.547 -- 00:00:13.333 the balance sheet press conference, which was held earlier today, management would like 00:00:13.333 -- 00:00:16.157 now to give you a 00:00:16.157 -- 00:00:20.683 run-through through last year's results. That will be done by the CEO, Dr. 00:00:20.683 -- 00:00:24.888 Peter Stadelman, and the CFO, Jörg Walter. 00:00:24.888 -- 00:00:28.573 Thanks to everyone who submitted their question in advance. 00:00:28.573 -- 00:00:31.047 They will be answered after the presentation. 00:00:31.047 -- 00:00:36.593 To avoid duplication and for your convenience, I will post a list of the questions 00:00:36.593 -- 00:00:41.217 that have already been submitted. You will find them in the chat box on the lower right-hand 00:00:41.217 -- 00:00:46.622 corner in a few moments. Should you have additional questions, please feel free 00:00:46.622 -- 00:00:51.627 to enter them in the chat. We're looking forward to an insightful exchange, and I now 00:00:51.627 -- 00:00:55.832 hand it over to Dr. Stadelmann. The floor is yours. 00:00:55.832 -- 00:01:00.376 Thank you very much, and good afternoon, ladies and gentlemen. 00:01:00.376 -- 00:01:06.225 We can celebrate again, it's 50 years of combi ovens 00:01:06.225 -- 00:01:10.389 that we celebrate in 2026. We started 00:01:10.432 -- 00:01:12.415 in 1976 00:01:12.415 -- 00:01:17.463 with the first convection oven where at that time also 00:01:17.463 -- 00:01:22.071 steam was included, which made it a very multifunctional 00:01:22.071 -- 00:01:27.523 device with a great future to come. You know our history 00:01:27.523 -- 00:01:32.612 a little bit, some of you, 1979, we...