Operator

Good afternoon, ladies and gentlemen, and welcome to the Analyst Call.

[Operator Instructions]

Let me now turn the floor over to Elke Brinkmann, Head of Investor Relations.

Elke Brinkmann
Head of Investor Relations

Good afternoon, and welcome to our Q2 2025-'26 Conference Call. We will walk you through the results for the 6 months of our fiscal year.

With me on the call are our CEO, Toralf Haag; and CFO, Steffen Hoffmann. After the presentation, we will be happy to take your questions.

[Operator Instructions]

Before we start, let me draw your attention to our disclaimer. We will make forward-looking statements today. These are based on current plans and expectations and are subject to risks and uncertainties. Actual results may differ materially.

That being said, let me now turn the floor over to Toralf Haag.

Toralf Haag
Chief Executive Officer & Member of the Executive Board

Thank you, Elke, and good afternoon from beautiful Hamburg. Before we dive into the details later in the presentation, let me provide you with a high-level overview of the performance in the first 6 months. Compared to the previous quarter, Aurubis achieved a significant increase in earnings in quarter 2 of fiscal year '25, '26. Operating EBT came in at EUR 121 million, a 15% increase versus Q1.

In the first half of '25, '26, we delivered robust results, broadly