Peter Fleischer
Head of Investor Relations
Replay available
Voestalpine Ag Unsp/Adr (OTC: VLPNY) Q2 2026 earnings conference call, held 2025-11-12. Replay captured from the company's public earnings webcast.

Head of Investor Relations
CEO
CFO
Analyst, B&B Paribas
Analyst, Deutsche Bank
Analyst, ODDO BHF
Welcome to the first Alpine publication, first half business year 2025-26 conference call. I'm Moritz, the course call operator. I would like to remind you that all participants will be in a listen-only mode and the conference has been recorded. The presentation will be followed by a question and answer session. You can register for questions at any time by pressing star and 1 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 Peter Fleischer. Please go ahead, sir. Thank you very much. Good afternoon, ladies and gentlemen, for our first half 2025-2026 results announcements. With me is our CEO, Herbert Eibensteiner, and the CFO, Gerald Meyer. We will give you a brief overview of what has happened in the first half, and we will be very happy to answer your questions afterwards. Good afternoon, ladies and gentlemen. Let me start with a brief introduction of Östalpene for those who don't know us. First Alpine is a global special metals and steel and industrial group. What we combine is this production and processing and engineering competence. And from this expertise, we develop innovative special solution to our customers to improve their competitiveness. And that makes us a leading partner for high-tech industries with high entry barriers, such as railway systems, automotive, or aerospace. And we are stock listed since 1995, and we are committed to value creation for our shareholders. Let me start with the global economic environment in the first half of the year. And what we see is that North America is still relatively robust economic growth, a lot of investments in the technology sector, Now, I would say industry development is a bit ...