Q1 2026 Springer Nature AG & Co KgaA Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the Springer Nature Analyst Conference Call Q1 2026. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Tom Waldron.
Thank you, Anna. Good afternoon, everyone. Welcome to Springer Nature's Q1 2026 Trading Update Call. I'm Tom Waldron, Head of Investor Relations. Today's presentation will have the following structure. Franc will start with a business update, followed by Alexandra with a review of our Q1 2026 financials before we move on to Q&A. Before handing over, let me briefly remind you, for revenues and adjusted operating profit, we present both reported figures based on actual currency rates and portfolio composition and underlying growth rates, which exclude currency and portfolio effects to ensure a like-for-like comparison. Our financial guidance for 2026 is based on constant currencies and the expected underlying performance
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