Gerresheimer AG (OTCPK:GRRMY) Q3 2025 Earnings Call October 9, 2025 2:30 AM EDT
Company Participants
Guido Pickert – Head of Investor Relations
Dietmar Siemssen – CEO, Chairman of the Management Board and CEO of Plastics, Devices & Advanced Technologies Division
Wolf Lehmann – CFO & Member of the Management Board
Conference Call Participants
Edward Hall – Stifel, Nicolaus & Company, Incorporated, Research Division
Olivier Calvet – UBS Investment Bank, Research Division
David Adlington – JPMorgan Chase & Co, Research Division
Anna Snopkowski – KeyBanc Capital Markets Inc., Research Division
Presentation
Guido Pickert
Head of Investor Relations
Good morning, everyone, and welcome to our presentation of our preliminary Q3 2025 results. With us today are our CEO, Dietmar Siemssen; and our new CFO, Wolf Lehmann, who will lead you through our Q3 development and the financials. The slide deck is available on our website. At the end of the presentation, we will be available for Q&A. But now let’s start and I hand over to Dietmar Siemssen. Dietmar?
Dietmar Siemssen
CEO, Chairman of the Management Board and CEO of Plastics, Devices & Advanced Technologies Division
Yes. Thank you Guido. And welcome, everybody, and thank you for joining us for this call. Yes, you have all seen the news, and they are not positive. We unfortunately had to revise our guidance for 2025. Yes, Q3 came in lower than expected. The organic revenues were 1.2% below the previous year’s quarter, and the adjusted EBITDA was 9.4% below. The adjusted EBITDA margin was 18.8% and thus 1.7% lower than in the previous year’s period. We won’t be able to compensate this until the end of the year, even though we expect Q4 to be stronger than the third quarter. And we did not expect this development.
It is disappointing to say at least, and we clearly have to
