Max Westmeyer
Head of Investor Relations
Thanks very a lot. And welcome to all of you to our Q3 2025 outcomes presentation. At present’s name is hosted by our CEO, Nikolai Setzer; and our CFO, Roland Welzbacher. Each the press launch and the presentation of at present’s name can be found for obtain on our Investor Relations web site. And I might prefer to remind everybody that this convention name is for traders and analysts solely. So if you don’t belong to both of those teams, please disconnect now.
Following the presentation, we’ll conduct a Q&A session for sell-side analysts. [Operator Instructions] And earlier than handing over, I need to briefly spotlight some extraordinary results that impacted our Q3 figures. As you are already used to it from the previous AUMOVIO reporting, the signing of the sale of our authentic Gear Options enterprise inside ContiTech has resulted in some accounting technicalities. Right here, too, IFRS 5 applies and the property and liabilities attributable to OESL have been reclassified to property and liabilities held on the market.
Moreover, the sale has resulted in a write-down of the property, which decreased the premise for depreciation. The depreciation of the brand new e book values of