VTTGF - VAT Group AG (VACNY) Q1 2025 Earnings Conference Call Transcript
2025-04-17 08:36:38 ET
VAT Group AG (VACNY)
Q1 2025 Earnings Conference Call
April 17, 2025, 04:00 AM ET
Company Participants
Urs Gantner - CEO
Fabian Chiozza - CFO
Michel Gerber - VP, IR & Sustainability
Conference Call Participants
Meihan Yang - Goldman Sachs
Didier Scemama - Bank of America
Jorn Iffert - UBS
Sandeep Deshpande - JPMorgan
Nabeel Aziz - Redburn Atlantic
Michael Inauen - ZKB
Craig Abbott - Kepler Cheuvreux
Martin Jungfleisch - BNP Paribas
Michael Foeth - Vontobel
Lavric Nejc - Octavian
Jurgen Wagner - Stifel
Nigel van Putten - Morgan Stanley
Martin Marandon-Carlhian - ODDO BHF
Presentation
Operator
Ladies and gentlemen, welcome to the VAT Q1 2025 Trading Update Conference Call. I'm Sandra, the Chorus Call operator. I would like to remind you that all participants have been in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. [Operator Instructions] The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Urs Gantner, CEO. Please go ahead, sir.
Urs Gantner
Ladies and gentlemen, good morning and welcome to VAT's Q1 2025 trading update conference call. With me this morning in Haag in our freshly opened innovation center are, CFO, Fabian Chiozza and our Investor Relations team with Michel Gerber and Christopher Wickli. After my introductory remarks, we will start the Q&A session. The call moderator will take your questions in the order you enter them.
So let's start. We are pleased to connect with you again after the full year results ran March 4. Following the full year results, we had great discussions during our Zurich and London road shows with a focus on the technology and the anticipated shifts relevant to our business this year. Since then, I spent a lot of time with customers, mainly in Asia, which is especially important during these times of uncertainty we are seeing.
Our customers rely on us to be ready with our products and services in the location they need us. And with ever shorter lead times for engineering and new product introductions, nothing has changed there. My takeaway from these discussions is that our customers are not changing their views or expectations about the ongoing technology transition and capacity expansions....
VAT Group AG (VACNY) Q1 2025 Earnings Conference Call Transcript