Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Tesmec Group First Quarter 2026 Results Conference Call. [Operator Instructions] At this time, I would like to turn the conference over to Mr. Carlo Caccia Dominioni, CEO. Please go ahead, sir.

Carlo Dominioni
CEO & Director

Good morning, everyone, and thank you for joining us at the presentation of the Q1 results. Throughout the first quarter, we can say that we remain focused on executing our strategic path, delivering results that are, we can say, in line with our expectations. Overall, if we look at the performance of the group, we can say that the performance reflects different stage of progress towards our objective and does not yet fully capture the performance expected over the rest of the year.

I will start our presentation with a focus on the main positive aspect of the first quarter, starting from revenues. Revenues increased by 7.4% compared to Q1 last year, driven especially by the strong performance of the energy business in both segments which showed basically the solid momentum of this part of the company. A second aspect that for sure is very important of our results is that at the bottom line, the group returned to a positive result compared to last year with a profit -- a net profit of EUR 1.1 million compared to EUR 1.4 million loss last year in the same quarter. And for sure, a very important aspect is the further increase the further growth of the order