Verbio Se (VBVBF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.077 Good day, ladies and gentlemen, and a warm welcome to today's earnings call of the Verve 00:00:05.077 -- 00:00:10.143 U.S.E. following the publication of the half-year and second quarter figures of the 00:00:10.143 -- 00:00:13.845 financial year 2025-2026. The CEO, 00:00:14.148 -- 00:00:19.214 Klaus Sautter, as well as CFO, Olaf Tröber, will speak in a moment and guide us through 00:00:19.214 -- 00:00:24.481 the presentation and the results. And after the presentation, we'll move on to a Q&A 00:00:24.481 -- 00:00:27.942 session, which we will be happy to take your questions. 00:00:27.942 -- 00:00:32.865 And having said this, Mr. Sautter, the stage is yours. 00:00:34.088 -- 00:00:36.711 Thank you very much, Sarah. 00:00:36.711 -- 00:00:40.695 Good afternoon, everyone, and thanks 00:00:40.695 -- 00:00:46.061 for joining our half-year and second quarter 2025-2026 00:00:46.061 -- 00:00:47.602 earnings 00:00:47.602 -- 00:00:49.602 call. 00:00:49.745 -- 00:00:53.729 Building on the momentum from the first quarter, 00:00:53.729 -- 00:00:57.440 we delivered a strong first half of the year. 00:00:57.440 -- 00:01:02.526 Even though we had to work through quite a 00:01:02.526 -- 00:01:05.789 bit of regulatory noise, 00:01:05.789 -- 00:01:08.630 the underlying tailwinds 00:01:08.793 -- 00:01:12.657 are clearly moving in our favor. 00:01:12.657 -- 00:01:18.003 We are heading in a very positive direction and we'll keep doing 00:01:18.003 -- 00:01:24.728 the work that positions us well for 00:01:24.750 -- 00:01:30.470 what is ahead. As always, We will walk you through the 00:01:30.470 -- 00:01:33.093 regulatory developments 00:01:33.093 -- 00:01:38.200 and what they mean for us later 00:01:38.200 -- 00:01:41.084 in the call. 00:01:41.084 -- 00:01...