Siemens Energy Ag (SMEGF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.318 -- 00:00:04.726 Good morning and a warm welcome to the Siemens Energy Q2 analyst call. 00:00:04.726 -- 00:00:07.932 As always, all documents were released at 7 a.m. 00:00:07.932 -- 00:00:13.101 on our website. On April 16, 2025, we pre-released 00:00:13.101 -- 00:00:18.110 our Q2 fiscal year 2025 figures due to a better than expected quarterly 00:00:18.110 -- 00:00:23.285 performance. On this occasion, we also raised our guidance for the full year. 00:00:23.285 -- 00:00:28.353 Our president and CEO, Christian Bruch, and our CFO, Maria Ferraro, are here with 00:00:28.353 -- 00:00:32.439 me. Christian and Maria will take you through the major developments during the second 00:00:32.439 -- 00:00:35.084 quarter of fiscal year 2025. 00:00:35.084 -- 00:00:40.632 This will take approximately 30 minutes, and thereafter, Christian and Maria are available 00:00:40.632 -- 00:00:45.540 to answer your questions. For the entire call, we have allowed an hour. 00:00:45.540 -- 00:00:48.125 So, Christian, over to you. 00:00:48.125 -- 00:00:51.328 Thank you very much, Michael. And good morning, everybody, also from my side. 00:00:51.328 -- 00:00:55.373 Thank you very much for joining us today. During the second quarter, our performance 00:00:55.373 -- 00:01:00.298 remained strong. Reflecting the strong performance, we have raised our guidance for the 00:01:00.298 -- 00:01:05.643 full year across all KPIs. In our last quarterly call, I explained the resilient 00:01:05.643 -- 00:01:10.308 nature of our business model, and this provides us with confidence that we are well-equipped 00:01:10.308 -- 00:01:16.778 to deal with tariffs as they arise and continue to focus on profitable growth. 00:01:16.778 -- 00:01:22.005 We continue to benefit from strong markets and booked ...