Ben Uglow
Analyst at Arxcap Analytics
Replay available
Siemens Ag Spons Adr (OTC: SIEGY) Q1 2026 earnings conference call, held 2026-02-12. Replay captured from the company's public earnings webcast.

Analyst at Arxcap Analytics
Analyst at Goldman Sachs
Analyst at UBS
Head of Investor Relations
Analyst at J.P. Morgan
Analyst at Broadchild and Cole Redburn
Chief Financial Officer
President and CEO
Analyst at Bank of America
Good morning, ladies and gentlemen, and welcome to the Siemens 2026 First Quarter Conference Call. As a reminder, this call is being recorded. Before we begin, I would like to draw your attention to the Safe Harbor Statement on page 2 of the Siemens presentation. This conference call may include forward-looking statements. These statements are based on the company's current expectations and certain assumptions, and are therefore subject to certain risks and uncertainties. At this time, I would like to turn the call over to your host today, Mr. Tobias Atler, Head of Investor Relations. Please go ahead, sir. Good morning, ladies and gentlemen, and welcome to our Q1 conference call. All documents were released this morning and can be found also on our IR website. I'm here today with our President and CEO, Roland Busch, and our CFO, Ralph Thomas, who will review the Q1 results. As always, we will have time for a lively Q&A. Please be aware that our AGM starts right after, and therefore we must limit the time of the conference call to 45 minutes. With that, over to you, Roland. Thank you, Tobias. Good morning, everyone, and thank you for joining us to discuss our first quarter performance ahead of our AGM. We delivered a strong start to fiscal 2026, generating clear momentum for continued value creation for our stakeholders. While geopolitics are making headlines and creating substantial volatility, we are focusing on opportunities to drive collaboration, competitiveness, and customer value. I will share some more examples in a moment. Now, let me outline some of the key highlights of the first quarter and give credit to our hard-working team, which has earned our customers' trust again. Book the Bill reached a healthy 1.12, lifting orders backlog to a record high of €120...