ZEAL Network SE

Welcome to the earnings call of Sihl Network SE regarding the Q1 figures of 2026. The company's CEO Dr. Stefan Twerase and CFO Andrea Behrendt will guide you through the figures in a moment, followed by a Q&A session via audio line. Please make sure we can see your full names, ladies and gentlemen. And with that, I'm handing over to you Andrea.

Thanks a lot and good morning everybody and welcome to our earnings call for Q1. I'm happy that you're joining us today. With me is Stefan and we will present the Q1 results. I hope you see the presentation. If not, you can find it on our website on the IR section. So the agenda for today, we will begin with a brief update on our highlights for Q1, then dive into the financial details and have a look how we deliver against our strategic focus so far. And at the end, we will give the time to you and open up for questions. And with that, handing over to Stefan for a summary of Q1.

Andrea, thank you very much and also a warm welcome from my side to everyone on the call. As you know, our business is very much driven, especially on the top line, very much driven by the jackpot situation in Germany. And although we haven't seen a jackpot in Germany, neither in Lotto 6 out of 49, nor in Eurojackpot for more than seven months now, we are still on a very strong growth. growth trajectory. Revenue and customer acquisitions have increased in the first quarter of 2026. Our gross margin has improved once again, but EBITDA was a little bit lower than expected because of the focus on investments in marketing and other initiatives that we've taken to ensure our sustainable future growth. Speaking of growth, we are very proud that we have launched our third charity lottery home auto forelosing in April. to invest in diversification of our business model. I'll hand back to Andrea for more details.