Q1 2023 Andritz AG Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to ANDRITZ webcast regarding the publication of the Q1 2023 results. My name is Stefan Schantl, and I will moderate today's webcast.
I would like to welcome President and CEO, Dr. Joachim Schönbeck; and CFO, Norbert Nettesheim, who will present the financial highlights of Q1 2023. After the presentation, there will be an opportunity to ask questions.
But now I would like to hand over to Mr. Schönbeck. Please go ahead, sir.
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Thank you very much, Stefan, for the nice introduction. Good morning, ladies and gentlemen. Thank you very much for joining our call and spending the time with us. Welcome to our call.
It's only 7 weeks ago that we met last time, March 8. And we expected -- from last year onwards, we expected quarter 1 quite gloomy with the tight central bank policies and the predicted recessions. However, it did not turn out that way.
However, after we met last
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