SMA Solar Technology AG (SMTGF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.980 Welcome to the SMA Solar Technology AG Half-Year Financial Results 2025. 00:00:04.980 -- 00:00:10.148 I'm Moritz, the course call operator. I would like to remind you that all participants 00:00:10.148 -- 00:00:13.554 will be in a listen-only mode and the conference has been recorded. 00:00:13.554 -- 00:00:16.620 The presentation will be followed by a question and answer session. 00:00:16.620 -- 00:00:20.847 You can register for questions at any time by pressing star and 1 on your telephone. 00:00:20.847 -- 00:00:23.723 For operator assistance, please press star and 0. 00:00:23.723 -- 00:00:27.369 The conference must not be recorded for publication or broadcast. 00:00:27.369 -- 00:00:31.054 At this time, it's my pleasure to hand over to Kaveh Rui, CFO. 00:00:31.054 -- 00:00:33.458 Please go ahead, sir. 00:00:33.458 -- 00:00:36.523 Thank you, operator, and welcome, everyone. 00:00:36.523 -- 00:00:41.170 We very much appreciate that you are taking the time for this investor and analyst call 00:00:41.170 -- 00:00:44.773 on our first half year 2025 results. 00:00:44.896 -- 00:00:49.483 With me today in the call is my colleague and SMA CEO, Jürgen Reinet. 00:00:49.483 -- 00:00:52.900 Welcome to the call, Jürgen. Thank you, Kai. 00:00:52.900 -- 00:00:57.686 This conference call is scheduled for up to 60 minutes and will be recorded. 00:00:57.686 -- 00:01:02.933 After the management presentation, we will be happy to answer your questions. 00:01:02.933 -- 00:01:07.278 Today's presentation is available on our investor relations website. 00:01:07.278 -- 00:01:11.624 The replay will also be available on the website shortly. 00:01:11.624 -- 00:01:14.007 Our agenda for today. 00:01:14.007 -- 00:01:19.054 First, I will give a review of our first...