•Q1 revenue in line at €95.6m, up 1% (€97.3m expected) Europe: €51.5m, +4.1% (-5.4% organic at constant FX and scope) Outside Europe: €44.1m, -2.3% (-4.5% organic at constant FX and scope) •FX impact: -€3.4m •Scope effect contribution: +€9.1m •2026 priority: preserving profitability