Aug 26, 2021 / 08:00AM GMT
Cosimo De Carlo - EDAG Engineering Group AG - CEO & Member of Executive Board
And good morning, ladies and gentlemen, and welcome to our H1 earnings call. I'm here together with my colleague Holger Merz, who will give you the financial details on the first quarter later on.
As usual, I would like to give you an update on our market environment at the beginning. Overall, the positive trend in our market since Q3 2020 continued as expected and communicated during our last call. We are currently experiencing a strong automotive market recovery. Despite continued interruptions by chip shortages and remaining uncertainties about the further development of the corona pandemic, global OEMs and their suppliers are posting strong results. In the previous quarters, we have stated an increased number of requests for quotation at EDAG from our customers. In Q1, we have already posted an order intake that was above our expectations at least until the cyber attack mid of March.
During Q2, we have won several new projects with international and also domestic customers. The overall demand for
Q2 2021 EDAG Engineering Group AG Earnings Call Transcript
Aug 26, 2021
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