Operator

Welcome to the conference call on MTU Aero Engines First Quarter 2026 Results. For your information, the management presentation, including the Q&A session, will be audio taped and streamed live or made available on demand on the internet. By attending the conference call, you grant permission for audio recordings intended for publication on the internet to be taken.

The speakers of today's conference call are Dr. Johannes Bussmann, Chief Executive Officer; and Mrs. Katja Garcia Vila, Chief Financial Officer. Firstly, I will hand over to Mr. Thomas Franz, Vice President, Investor Relations, for some introductory words. Please go ahead.

Thomas Franz
Vice President of Investor Relations

Thank you, Nadia, and good morning. Welcome to our conference call for MTU's Q1 2026 results. We will begin today's session with Johannes sharing some thoughts on the current environment and recent developments. Following that, Katja will walk you through the financials. Johannes will walk you through the guidance and will summarize the key takeaways before we open the floor for your questions. With that, it's my pleasure to hand over to Johannes.