Q3 2023 Takkt AG Earnings Call Transcript
(technical difficulty) Pleased to remind that throughout today's recorded presentation, all participants will be in a listen-only mode. As always, the presentation will be followed by a Q&A session in which you will be allowed to place your questions directly to the management. I would now like to turn the conference over to the CEO of TAKKT, Maria Zesch. Stage is yours. Please go ahead.
Welcome to our Q3 earnings call and I'm hosting together with our CFO, Lars Bolscho. Sorry for my voice today, and the [coughing] because hopefully it's not distracting from the key messages we will give you today. As you are all aware, these are challenging times, and we face several headwinds. Still, we know how to steer our business through difficult times and you can see that when you look at how we manage our gross profit margin, our cash generation and also the cost positions in Q3. Before we go into the financials, I want to give you a quick overview about the developments in the market we saw since
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