Aixtron Se Unsp/Adr

Good afternoon, ladies and gentlemen, and welcome to Extron's conference call regarding the Q3 2023 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 the floor over to Guido Pickert, VP Investor Relations at Extron, for opening remarks and introductions.

Thank you, Frau Brunner. Welcome to EXTRON's presentation of our first nine months of 2023 and third quarter 23 results. I'd like to welcome our CEO, Dr. Felix Grabert, and our CFO, Dr. Christian Danninger. As the operator indicated, this call is being recorded by EXTRON 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 in 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 a transcript on our website at some point after the call. I would now like to hand you over to our CEO, Felix, 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 development of our business and on our full year guidance. Let me now give you an overview of our operational highlights, Q3 23 on slide 2. Order intake in Q3 was at 180 million. Like in the past years, Q3 was lower than Q2. We expect, nevertheless, very strong orders in Q4, and so we are well on track to realize our full-year guidance, all backed up by specific customer projects. The demand for wide-bandgap power electronics, again, drove our orders with GaN power, having been slightly stronger than SIG power in Q3. Our latest member of the G10 family, the G10 GaN, was launched in September and perfectly complements our G10 SIG as well as our G10 ASP. Our all-new product portfolio is being greatly perceived by our customers. Our Q3 23 revenues of $165 million was up 86% year-on-year, reflecting the high demand for our system. Revenue-wise, we are also well on track to achieve our annual guidance. The situation around export licenses is continuing to work. However, the process as such generally takes a bit longer than in the past. Overall, we continue to see strong demand from our customers without any sign of structural weakness. Our equipment order backlog remains to be very solid at 386 million bureaus. Now, I will hand over to our CFO, Christian Dunninger. He will take you through the Q3 23 financials. Christian.