Q4 2024 Basler AG Earnings Call Transcript
So it looks as if we are complete. So warm welcome to our annual report 2024. Obviously, it has been another challenging year for Basler, and for the market as a whole. The -- we had a very weak market demand. We also, as a management team, overestimated a rebound of the market. So this is why we had to correct our guidance over the course of the year went into another cost-cutting program.
Yes, it was also another challenging year, but we also made lots of progress regarding our organization, a change of the organization regarding innovations, new products, and also building up our go-to-market structures further.
So having this said, I welcome you to this report, giving you more insights. My name is Hardy. For those of you who don't know me, I've been responsible for operations and commercial since the beginning of the year and also handling the Investor Relations. The presentation and before I start, just a quick reminder of our disclaimer. All the statements I'm making and the
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