Traton SE (8TRA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Trayton's Q1 2025 results conference call. My name is Ursula Caret, and I'm head of investor relations at Trayton SE. With me on the call today is Christian Levin, our CEO, who's dialed in from Sweden. Dr. Michael Jagstein, our CFO and CHRO, is here with me in Munich. Christian will start today's presentation. with the key results and highlights of the first quarter, and Michael will guide you through the financial performance and our outlook in more detail. Some of today's KPIs are already known to you, as they were pre-released on the 9th of April. As always, we will conclude the call with a Q&A session, where we welcome questions from financial analysts, investors, and media representatives. To handle potential media inquiries during the Q&A session, Camilla Devon, our head of corporate relations, is also present. A recorded version of the call will be made available on our investor relations website as soon as possible after the event. You can also find our three-month 2025 interim statement, which we published this morning, and the slides to this event on our IR website. Before we start, let me remind you of the disclaimer with respect to forward-looking statements on page three of our presentation. And with that, I hand it over to Christian. Thank you very much, Ursula. And good morning, everyone on the call, also from my side. Well, most of the numbers that you can see on this page were no surprise to you as we communicated that through an ad hoc earlier in April. Actually, on April 9, we published our delivery figures. The decline by 10% is mainly due to challenging market conditions in our key truck markets in both Europe and North America. And it reflects normalized order book in times where we are not operating at ful...