Operator

Welcome to the SPIE 2026 First Quarter Revenue Presentation. [Operator Instructions] Now I will hand the conference over to Gauthier Louette, Chairman and CEO, to begin today's conference. Please go ahead.

Gauthier Louette
Chairman of the Board of Directors & CEO

Good morning, everyone. Thank you for joining us today for our first quarter revenue call. I'm with Markus Holzke, the CEO of SPIE Germany, Switzerland, Austria; Jérôme Vanhove, our Group CFO; and Alexandra Bournazel, our Head of Investor Relations. As you know, Markus will become Group CEO as of April 30, and I'm very pleased to welcome him on this call.

On the M&A front, SPIE has made a strong start to 2026. Underlying trends remain fully intact and are even strengthening as the current geopolitical crisis further highlights the urgent need for Europe to transition to low-carbon electricity.

Let me start with safety, which remains a core commitment for the group. Next Tuesday, on April 28, SPIE will hold its Safety Day 2026. Safety workshops will be organized all across our sites in all our countries. Safety is a continuous training effort. Our health and safety code and its 10 life-saving rules apply to everyone across all trades and activities, making sure that every employee returns home safely each day is at the very heart of our commitments.