Norma Group Ag Name Akt

Welcome to the Norma Group Q3 2026 Results webcast and conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you will need to press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. To ensure that the session runs as smoothly as possible and is easy for all participants to follow, we kindly ask that you raise your questions one at a time. In other words, if you have more than one question, please wait for the answer to the current question before moving on to your next one. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Birgit Seeger, Chief Executive Officer of Norma Group. Please go ahead.

Good morning and good afternoon to all of you. We are very happy that you join our Q3 call today. With me, I have our Group CFO, Okan Celiker, very warm welcome, who will give you some more insights on our financial performance. Today, we will review the key development in our third quarter, especially focusing on our new normal strategic initiatives and our profitability recovery. So with this, we move to the next page where we see, as usual, our disclaimer. Please familiarize yourself with the disclaimer regarding forward-looking statements. Unless it is shown otherwise, we report today new normal numbers, which is our continued operations. So for some of the metrics, we have still our former normal basis, which includes our former water business, and this is highlighted on the Let me start with some highlights from our third quarter and here also before I dive into this, let me briefly comment on the CFO transition as we have announced this morning in our press release. We are very pleased that our supervisory board has appointed Tobias Bichler to be our new CFO for Norma Group starting latest at 1st of April 2027. Tobias brings a lot of international experience in finance and transformation and will be a really strong addition to Norma's management board. There will be a continuation in the new Norma strategy also with Tobias' joining of Norma Group and he will together with us with the whole Norma team focus on profitability on cash generation and again a disciplined capital allocation as we have updated on the strategy update on our CMD in October. At the same time I would say a very big thank you to Okan Celiker as our Group CFO but it's not a farewell because Okan will for sure continue in his role until Tobias is joining and Okan will also ensure a very smooth handover and transition and continuation in the finance area. A big thank you Okan for this collaboration so far and the continued work together.

You're welcome.