Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for participating in the Joint Media, Analyst & Investor Call regarding Porsche AG's Q1 2026 results. This call will be hosted by Dr. Jochen Breckner, Member of the Executive Board for Finance & IT. [Operator Instructions]

At this time, it's my pleasure to hand over to Florian Laudan. Please go ahead, sir.

Florian Laudan

Good evening, dear colleagues. Welcome to our Joint Media, Analyst & Investor Call on the Porsche AG Quarter 1 2026 results. My name is Florian Laudan. I'm the new Vice President in Communications, Sustainability and Politics, just started beginning of this month. And it's a great pleasure for me to host this call today together with Björn Scheib, our Head of Investor Relations.

Joining us is our CFO, Dr. Jochen Breckner. And before Jochen will give you a brief overview of our business performance in the first quarter, I hand it over to Björn.

Björn Scheib
Head of Investor Relations

Thank you, Florian. Hello, everybody, also from my side. After the intro statement of Jochen, we will start with questions from the analysts. Then we will switch to the Q&A with the media representatives. You can find further detailed information online