Operator

Good day, and thank you for standing by. Welcome to the Aebi Schmidt Group First Quarter 2026 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Simone Grancini, Investor Relations Director. Please go ahead.

Simone Grancini

Thank you, Sharon. Good morning, and welcome to the Aebi Schmidt First Quarter 2026 Earnings Call. Joining me on the call today are Barend Fruithof, Group CEO, who will provide the first quarter highlights, outlook and concluding remarks. Steffen Schewerda, CEO, North America; and Henning Schroeder, CEO of Europe and Rest of World, who will detail the performance in the respective segments; and Marco Portmann, Group CFO, who will provide a financial overview.

Before I turn the call over to Barend, I remind you that today's comments include forward-looking statements subject to the safe harbor language contained in this morning's press release and in Aebi Schmidt's filing with the SEC. As a reminder, all Q1 2025 comparative figures referenced in today's material, like all figures prior to the merger closing date are presented on a combined basis for Aebi Schmidt and the acquired Shyft Group. Accordingly, all year-over-year comparisons are based on combined Q1 2025 financial information of both companies rather than stand-alone historical results.