SMA Solar Technology AG (SMTGF) Q1 2025 Earnings Call

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WEBVTT 00:00:01.111 -- 00:00:06.340 Thank you operator and welcome everyone. We very much appreciate that you are taking 00:00:06.340 -- 00:00:11.428 the time for this investor and analyst call on our first quarter 2025 results. 00:00:11.428 -- 00:00:15.335 Today in this call is my colleague and SMA CEO Jürgen Reinert. 00:00:15.335 -- 00:00:18.580 Welcome to the call, Jürgen. Thank you very much, Karwin. 00:00:18.580 -- 00:00:22.346 This conference call is scheduled for up to 60 minutes and will be recorded. 00:00:22.346 -- 00:00:27.014 After the management presentation, we will be happy to answer your questions. 00:00:27.014 -- 00:00:30.819 Today's presentation is available on our Invested Relations website. 00:00:30.819 -- 00:00:35.346 The replay will also be available on the IR website shortly. 00:00:35.346 -- 00:00:40.253 Our agenda for today. First, I will give a review of our first quarter figures, followed 00:00:40.253 -- 00:00:44.158 by an update of the restructuring and transformation program. 00:00:44.158 -- 00:00:48.324 Last but not least, we'll have a look at order backlog as well as our outlook for the 00:00:48.324 -- 00:00:50.892 financial year 2025. 00:00:50.892 -- 00:00:54.776 I expect the presentation part to last about 30 minutes. 00:00:54.776 -- 00:00:59.000 After the presentation, we are happy to answer your questions. 00:00:59.000 -- 00:01:04.185 Well, as this is my first earnings call as the CFO of SMA, let me just briefly 00:01:04.185 -- 00:01:09.970 introduce myself. My name is Kaveh Ruhi, and I'm 46 years old. 00:01:09.970 -- 00:01:12.993 I joined SMA in July 2024. 00:01:12.993 -- 00:01:18.278 Prior to SMA, I was working in the international finance and services industry, including 00:01:18.278 -- 00:01:20.558 a leading strategy consultancy. ...