Salzgitter Ag Akt Shs (SZGPF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.857 Ladies and gentlemen, welcome to our Q1 earnings call. 00:00:03.857 -- 00:00:08.043 My name is Markus Heitler. I'm the head of investor relations at Salzgitter AG. 00:00:08.043 -- 00:00:12.690 Joining me today are my colleagues, Verena and Jan, and obviously most relevant, our 00:00:12.690 -- 00:00:17.718 CFO, Birgit Putrafki, who will be available to answer questions after 00:00:17.718 -- 00:00:21.043 a brief introduction statement. 00:00:21.043 -- 00:00:26.331 I look forward to engaging discussions and without further ado, I'll hand to you, 00:00:26.331 -- 00:00:27.713 Birgit. 00:00:27.713 -- 00:00:32.863 Thank you, Markus. And a warm welcome from me to you out 00:00:32.863 -- 00:00:38.388 there as well. Happy that you take your time to listen to us. 00:00:38.388 -- 00:00:42.293 Actually, it's not such a long time since we spoke last time. 00:00:42.293 -- 00:00:47.480 It's only seven weeks ago, and this was when we published our annual report. 00:00:47.480 -- 00:00:52.507 And actually, I guess it may feel a lot longer than just a few 00:00:52.507 -- 00:00:58.074 weeks, because we all may think these days that the world changes 00:00:58.074 -- 00:01:03.121 significantly every single day. Just to give a few examples 00:01:03.121 -- 00:01:08.594 which are keeping us all very busy. For example, the noise around the trade tensions 00:01:08.594 -- 00:01:13.663 and the impact of the US administration's tariff policy are of high interest 00:01:13.663 -- 00:01:18.672 to all of us. And then there is also some lingering uncertainty about 00:01:18.672 -- 00:01:24.041 how the new German government will address the key economic challenges through concrete 00:01:24.041 -- 00:01:29.228 measures. And we are very positively looking at that and wai...