Aixtron Se Unsp/Adr

The conference is now being recorded. Good afternoon, ladies and gentlemen, and welcome to Extran's conference call regarding the Q3 2022 results. At this time, all participants have been placed on a listen-only mode. The floor will be open for your questions following the presentation. Now, I hand over to Guido Pickard, VP Investor Relations and Corporate Communications at Extran.

Thank you very much. Welcome to EXTRAN's presentation of our Q3 and 9-month-22 results. I'd like to welcome our CEO, Dr. Felix Grabert, as well as our CFO, Dr. Christian Ganninger. As the operator indicated, this call is being recorded by EXTRAN and is considered copyright material. As such, it cannot be recorded or rebroadcast without permission. Your participation in this call implies your consent to this recording. Please take note of our safe harbor statement, which can be found on page two of our results presentation slide deck, as it applies throughout the conference call. This call is not being immediately presented via webcast or any other medium. However, we will place an audio file of the recording or transcript on our website at some point after the call. I would now like to hand it over to our CEO for opening remarks. Felix?

Thank you, Guido. Let me also welcome you all to our results presentation. I will start with an overview of the highlights of the quarter and then hand over to Christian for more details on our financial figures. Finally, I will give you an update on the developments of our business and our guidance. Let me start by giving you an overview of the key business developments in Q3 on slide two. Demand for our equipment remains strong with an order intake of 143 million euros, up 25% year on year, driven by the strength of the growth market our customers are operating in. The biggest demand drivers for the quarters are our systems for silicon carbide and gallium nitride power electronics. The single biggest contribution to orders in Q3 22 already came from our newly introduced silicon carbide multi-waiver system. This is very encouraging, as we have just recently launched our brand new next generation silicon carbide system, G10SIG, which our customers are already ordering in volume. To produce optoelectronics, as well as tools to produce LEDs, including micro-LEDs, also remain strong. As a result of all that, we can report a very strong order backlog of €369 million, up 38% year-on-year. Our quarterly revenues are affected by some temporary circumstances, which are mainly due to a few customer-related delivery delays and the granting of export licenses, which were not yet available as of the reporting date. As we have stated during our Q2 results call, we expected our product mix to improve for the remainder of the year compared to the first half of 22. As a result of that, our gross margin improved up to 44%. Now, I will hand you over to our CFO, Christian Dunninger. He will take you through the Q3 22 financials. Christian?