Welcome to the RENK Group AG Q4 2025 Pre-Close Call. Please note that this call will be recorded. [Operator Instructions] I would now like to turn the call over to Christian Weiss, Investor Relations.

NEL has reduced headcount to around 300 employees, down 26% from peak levels and 19% from Q1 2025, which helped cut personnel expenses by 21%. However, management warned that these reductions have ...

Global wind turbine order intake reached new highs in H1 2024, with 91.2 gigawatts (GW) of activity, a 23% increase year-over-year, thanks to the Asia-Pacific region. Globally, investment by wind ...