Operator

Good day, and thank you for standing by. Welcome to the GEA Group AG Q1 2026 Conference Call. [Operator Instructions] Please be advised today's conference is being recorded.

I'd now like to hand the conference over to your first speaker today, Oliver Luckenbach, Head of IR. Please go ahead.

Oliver Luckenbach
Head of Investor Relations

Thank you very much, and good afternoon, ladies and gentlemen, and thank you all for joining us today for our first quarter 2026 earnings conference call. With me on the call are Stefan Klebert, our CEO; and Alexander Kocherscheidt, our CFO. Stefan will begin today's call with the highlights of the first quarter and Alexander will then cover the business and financial review before Stefan takes over again for the outlook 2026. Afterwards, we will open the call up for the Q&A session.

Please be aware of the cautionary language that is included in our safe harbor statement as in the material that we have distributed today.

And with that, I hand over to Stefan.

Stefan Klebert
CEO & Chairman of the Executive Board

Thank you very much, Oliver, and good afternoon, everybody. It's my pleasure to welcome you again to our conference call today. Please keep in mind that we operate under our new organizational