Washtec Ag Augsburg (WHTAF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to WashTech's earnings call on the results of Q1 2026. My name is Kevin Lorenz. I'm Investor Relations Manager at WashTech. With me, I have today our Chief Financial Officer, Andreas Papst, who will provide a brief update on WashTech and guide you through our quarterly results. Following his presentation, the floor will be open for questions. Also, you might have just seen a short video on our newest product, JetWash Connect, during the waiting room, which we are very proud of. If you are interested, you can find this and further videos on this new product on our WashTech website, or you can also just send us a short mail and we will share it with you. But without further ado, I'm now handing over to our Chief Financial Officer, Andreas Taus. Thank you, Kevin. Also from my side, a very warm welcome. I really appreciate that you are in our call today. Let me first give you some brief statements about our current topics at WashTech before I shift over to the figures of the first quarter of 2026. Let's start with our new JetWash Connect. We already mentioned the planned launch of this new product during our last call on the fiscal year 2025. But now we are live, and as you can imagine, we are very proud on our product launch on April 14th. Our new jet wash has some really good features for the users, for our customers, the operators, as well as for us. First, the new steel structure. We own the complete construction details And that puts us in the position that we can source the necessary steel parts locally instead of shipping them from Germany to all over Europe. Second, wash and pay leads to the fact that the average paid time increases by 25 to 30%. That means more revenue for our customers. And third, the new polish...