Washtec Ag Augsburg (WHTAF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, on behalf of the WashTech Management Board and my colleague CFO Andreas Papst, I would like to welcome you to our annual press conference and presentation of the Annual Report 2025. Before my colleague Andreas Papst presents the figures for fiscal year 2025 and the outlook for 2026, I would like to give you an update on Washtec and present some of last year's results. Ladies and gentlemen, 2025 was another year for Washtec that impressively showed we deliver and we deliver reliably. Despite geopolitical uncertainties, high volatility in global markets and noticeable restraint in some industries, we are able to achieve and in some cases even exceed our strategic targets. With sales of 498.6 million Euro, we have set a new record in the company's history and are thus closer to the 500 million Euro mark than ever before. It is particularly pleasing that we have not only grown, but that our EBIT has increased disproportionately. The EBIT margin of 9.8% shows that our measures to increase efficiency, optimize processes and focus on high margin business areas are working. We were also able to continue the positive development in terms of free cash flow. The improved operating performance and our consistent working capital management show that WashTech is financially strong, strategically clearly aligned, and operationally well managed. These results are the result of hard work by our teams worldwide, our consistent focus on customer needs, and our ability to grow profitably despite turbulent conditions. Ladies and gentlemen, let me now take a look at the global market environment that shaped our 2025 financial year. 2025 was marked by exceptionally high levels of uncertainty in the economic and geopolitical environment. We saw a persistently tense geo...