Operator
Ladies and gentlemen, welcome to the Q1 2026-’27 Investor Trading Update and Analyst Conference Call. I’m Vicky, Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast.
At this time, I would like to hand over to Till Reuter, CEO. Please come forward.
For Reuters
Chief Director
Thank you very much, and good morning, everyone, and thank you for joining us today for dormakaba’s first quarter trading update for the ’26/’27 fiscal year. As you know, I’m Till Reuter, and I’m the CEO of dormakaba. And today, as usual, I’m joined by our CFO, Rene Peter, who will join me to answer your questions after the initial remarks and comments.
As part of our ongoing commitment to transparent communication with the capital market and our shareholders and other stakeholders, we introduce monthly trading updates. This update is intended to provide a focused view of sales performance and key business developments among the fuller and more comprehensive half-yearly reports. They also offer regular pulse checks on business momentum and emerging market conditions in our industry. I’m sure most of you have had a chance to review the first quarter trading update that was released today. So, I will make a brief introduction, summarize some important points, and then I will open and Rene, we