SMA Solar Technology AG (SMTGF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the analyst and investor presentation quarterly statement January to September 2025. I am Sandra, the course co-operator. I would like to remind you that all participants have been listened only mode and the conference has been recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Ravi Raul, CFO. Please go ahead, sir. Thank you, operator, and welcome, everyone. I very much appreciate that you are taking the time for this investor and analyst call on our nine-month 2025 results. This conference call is scheduled for up to 60 minutes and will be recorded. After my management presentation, I will be happy to answer your questions. Today's presentation is available on our investor relations website. The replay will also be available on this website shortly. Our agenda for today. First, I will give a review of our nine months and our presence in the home segment in the U.S. is currently being evaluated. Excellent service will be our USP in the future, enabled by cost-efficient operations via our multi-shared services and both. In general, it means that we will use our global footprint even stronger going forward while strategically focusing more on our core market, on our core home market in Europe. In total, the program will mean a reduction of about 300 FTEs in Germany and another 50 in non-core markets, while building up about 200 FTEs, mainly in Poland and India. Now let's talk about large scale. Our large scale and project solutions continues to operate in a highly dynamic globa...