Michael Marschallinger
Analyst, Erste Group
Replay available
Zumtobel Group AG (LSE: 0MJH) Q1 2026 earnings conference call, held 2025-09-04. Replay captured from the company's public earnings webcast.

Analyst, Erste Group
CEO
CFO
Analyst, Kepler Cheuvreux
Analyst, Oddo BHF
Good morning, ladies and gentlemen, and welcome to Zumtobel Group's conference call on the Q1 results for the 2025-26 financial year. With me on the call are Alfred Felder, our CEO, and Thomas Errath, our CFO. Alfred will walk you through the highlights of the quarter, while Thomas will discuss the financial performance. After the presentation, both gentlemen will be available to answer your questions. In case you have not a copy of the report and the presentation, you may find both documents for download on our webpage. After the call, a playback of this conference call will be available on our webpage as well. And with this, I hand over to Alfred. Good morning. Welcome, ladies and gentlemen, and thank you for joining us today for our Q1-25-26 call. This first quarter was again not an easy one for us. Market environment remains very, very challenging. In addition, the geopolitical environment also difficult. And the demand of the new construction, especially in our core markets in Europe, is weak, triggered by a lot of shifts and delays. And obviously, that has resulted in figures what we will show in a minute. But before I go into this, as usual, I would like to share with you a couple of highlights, what shows that our strategy, what we have implemented in beginning of 24. in the different growth areas is materializing um and here a couple of projects one uh proud um in our headquarter city of don't burn where we are the lighting solution provider where we have installed the state-of-the-art iot connected luminaires based on the zaga sockets with our oversense ready so the connected solution it's um the the product, what we have from DON, the ISARO PRO, what is installed here across the city. Another one, which is part of the core strategy, growing in the arena, i...