Leifheit Aktiengesellschaft ( LFHTF ) Q1 2026 Earnings Call May 7, 2026 9:00 AM EDT Company Participants Alexander Reindler - Chairman of the Management Board & CEO Marco Keul - CFO & Member of Management Board Conference Call Participants Philipp Kaiser - Warburg Research GmbH Presentation Alexander Reindler Chairman of the Management Board & CEO [Audio Gap] Market environment is indeed very challenging. Despite that, we have quite good progress on our strategy execution. The overall quarter 1 results for turnover, we are at EUR 61.2 million, which is a decline of minus 4% versus previous year. Despite this environment and despite the challenging market environment, we invested into the Leifheit 2345wret654332wsadbrand, which showed positive impulse where I will go back later. We see on the gross margin continuous very good progress. However, we are still doing more on the efficiency and the resilience side.…