Drägerwerk AG & Co. KGaA (DGWPF) Q4 2025 Earnings Call March 24, 2026 10:00 AM EDT
Company Participants
Stefan Dräger – Chairman of the Executive Board – Drägerwerk Verwaltungs AG
Gert-Hartwing Lescow – CFO, Executive Board Member for IT & Vice Chairman of Executive Board – Drägerwerk Verwaltungs AG
Conference Call Participants
Oliver Reinberg – Kepler Cheuvreux, Research Division
Harald Hof – mwb research AG
Pierre-Yves Gauthier – AlphaValue SA
Presentation
Operator
Ladies and gentlemen, welcome to the Drägerwerk Full Year 2025 Earnings Call. I’m Moritz, your 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, it’s my pleasure to hand over to Stefan Drager, CEO. Please go ahead, sir.
Stefan Dräger
Chairman of the Executive Board – Drägerwerk Verwaltungs AG
Very good afternoon, and thank you for joining our conference call on our financial results for the fiscal year 2025. I have with me today Gert-Hartwig Lescow, CFO, as well as Tom Fischler and Nikolaus Hammerschmidt, both Investor Relations. We would like to take you through the results with the presentation that we made available on our web page this morning. Following the presentation, we will open the floor to your question.
Let’s get started on Page 5 with the business highlights. In 2025, we continued our successful course and generated the highest net sales in our company’s history. Both divisions and all regions contributed to this. At around EUR 3.5 billion, net sales were slightly above our last forecast and around EUR 25 million above the level of the exceptionally strong coronavirus year 2020. Unlike during the pandemic, this is a new record that we achieved entirely without a special economic situation. Thanks to the operating momentum, our earnings before interest and taxes also developed very well. EBIT rose by more than 20% to
