Washtec Ag Augsburg (WHTAF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.097 Ladies and gentlemen, and welcome to Washtec's conference call on the Q3 results 00:00:05.097 -- 00:00:07.097 2025. 00:00:07.560 -- 00:00:10.603 My name is Kevin Loren, Managing Director at Washtec. 00:00:10.603 -- 00:00:15.489 And with me today, I have our Chief Operating Officer, Michael Drohlsagen, who will provide 00:00:15.489 -- 00:00:20.475 an update on the current developments at Washtec, and our Chief Financial Officer, Andreas 00:00:20.475 -- 00:00:24.459 Papst, who will guide you through the results of the first nine months. 00:00:24.459 -- 00:00:28.077 Following the presentation, the floor will be open for questions. 00:00:28.077 -- 00:00:33.043 you may already queue for questions during the presentation by pressing the Pew Q&A button 00:00:33.043 -- 00:00:36.467 in the webcast and following the instructions. 00:00:36.467 -- 00:00:42.093 Of course, this call will be recorded and made available on our investor relations website. 00:00:42.093 -- 00:00:47.357 With that, I'm handing over to our CEO, Michael Drohlzeig. 00:00:50.803 -- 00:00:52.923 Thank you. 00:00:54.828 -- 00:00:56.870 Ladies and gentlemen, 00:00:56.870 -- 00:01:01.948 thank you, Kevin, and a warm welcome to WorkTech HE's earnings call for 00:01:01.948 -- 00:01:04.949 the third quarter of 2025. 00:01:05.353 -- 00:01:11.459 My name is Michael Rothsagen. I'm CEO and CTO of WorkTech HE. 00:01:13.706 -- 00:01:16.848 The figures for Q3 2025, 00:01:17.051 -- 00:01:21.916 I would like to present to you the most important recent developments. 00:01:22.482 -- 00:01:28.129 Let's start by looking at the general economic environment in our core markets, 00:01:28.129 -- 00:01:30.993 the USA and Europe. 00:01:30.993 -- 00:01:36.280 In Europe, we are seeing the first signs...