Linda Hakkila
Chief Investor Relations Officer & VP of Investor Relations

Hello all, and welcome to follow Konecranes' Q1 2026 Results Webcast. Apologies for the small delay. We had some technical issues here at the studio.

My name is Linda Hakkila, I'm the Head of Investor Relations here at Konecranes. And with me today as our main speakers, we have our President and CEO, Marko Tulokas; and our CFO, Teo Ottola. Before we continue, I would like to remind you about the disclaimer as we might be making forward-looking statements.

As usual, we will first start with our presentations, both from the CEO and CFO. And after that, we're happy to answer your questions through the conference call lines. But now without any further comments, I would like to hand over to our CEO.

Marko Tulokas
President & CEO

Thank you, Linda, and good afternoon, everybody.

I'd like to start by describing the first quarter operating environment and some of the key parameters to this first quarter.

First of all, as we all have obviously seen that there's quite a lot of geopolitical uncertainty. And this first quarter, it, of course, continued in the form of the conflict in the Middle East. This has created some uncertainty and apprehension amongst our customers, but also some supply chain discrepancies. But what we are very happy about that, what I'm very happy about that we managed to end the quarter with very good orders. If we look