Wienerberger AG (WBRBY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.038 Good morning, everyone, and warm welcome to Vinneberg's half-year 2025 results 00:00:05.038 -- 00:00:06.479 update. 00:00:06.479 -- 00:00:09.243 Thank you for taking the time to join us today. 00:00:09.243 -- 00:00:13.849 My name is Therese Jander, and I'm pleased to be hosting this call today from London. 00:00:13.849 -- 00:00:20.318 And I'm joined here by Mr. Hermann Scheuch, our CEO and our CFO at Dagmar Steinert. 00:00:20.318 -- 00:00:26.153 We will begin with a brief presentation of the key developments in the financials, 00:00:26.153 -- 00:00:30.139 the first half year and afterwards we will open the line for questions. 00:00:30.139 -- 00:00:33.003 So with that, let me hand over to Mr. Josh. 00:00:33.003 -- 00:00:36.929 Thank you very much and also a wonderful morning from my side. 00:00:36.929 -- 00:00:42.137 We have indeed a very satisfactory set of results for the first half year of 2025. 00:00:42.137 -- 00:00:44.657 In a, 00:00:44.781 -- 00:00:49.968 I would call it rather challenging market environment, we were able to increase our turnover 00:00:49.968 -- 00:00:54.893 by 6% and this shows the receipt 00:01:01.709 -- 00:01:07.195 So these two parts have contributed throughout our geographies very nicely 00:01:07.195 -- 00:01:12.922 to this growth in revenues. On the EBITDR front, we are in line with our expectations 00:01:12.922 -- 00:01:17.027 coming in a little higher than 380 million for the first half. 00:01:17.027 -- 00:01:22.193 And this shows here again that we were working hard on our cost structures and 00:01:22.193 -- 00:01:27.299 efficiency improvements that contributed nicely to these robust margins 00:01:27.299 -- 00:01:32.336 that we were able to achieve. On another note, obviously very satisfactory, we hav...