In terms of headcount reduction, what you see if you think about the elements that I described, first of all, we have closure of the site in Cologne and exit of other headcount that has taken place over the course of the first quarter. So think February, March predominantly. Then we also have our new kind of attrition, net attrition run rate that we exit the year, exit 2024 on a lower flight level. So part of that is already within our run rate going into the year. And then we have some additional extra in the first quarter, as we see some level of net attrition outflow.
May 6, 2025 / receipt, needs a key / Paul, other | earnings call 2025-05-06 | transcript 6741124a-e36c-4149-853b-97f79d3e6d1d | chars 22821-23398 | segment 23
Going forward, we are focusing our R&D spend on further developing our proprietary platform technology. Investments into own, unpartnered assets are limited to scientific proof points. This is reflected in a reduction of the flight level of R&D spending in 2025.
Apr 17, 2025 / receipt, needs a key / Christian, CEO | earnings call 2025-04-17 | transcript f893439b-2a6e-4a3c-bac6-d5db374ae1b1 | chars 26797-27059 | segment 28
Accelerating cost-out plans & further productivity improvement
ir_statement / Sep 15, 2026 / receipt
Expected total cash costs ~€100 m with ~50% expected in H2 2026
ir_statement / Sep 15, 2026 / receipt
Expected total run-rate cost savings of ~€75 m by end of 2027 with 20-30% realized in 2026
ir_statement / Sep 15, 2026 / receipt
On track to reach 20-30% target of overall Horizon cost saving goal in 2026
ir_statement / Sep 15, 2026 / receipt
Reduce global footprint from currently 14 sites to 10
ir_statement / Sep 15, 2026 / receipt
Reduce workforce by approx. 800 positions
ir_statement / Sep 15, 2026 / receipt
Upgrade & extend commercial organization under new leadership to speed customer responses and increase win rate
ir_statement / Sep 15, 2026 / receipt
Accelerating cost-out plans & further productivity improvement
ir_statement / Sep 15, 2026 / receipt
More capital efficient model
ir_statement / Sep 15, 2026 / receipt
Accelerating pivot to asset-lighter business model with strong growth and higher returns
ir_statement / Sep 15, 2026 / receipt
Improving revenue mix by adding high-margin technology and IP revenue streams / Royalties
ir_statement / Sep 15, 2026 / receipt
50+ Ongoing customer projects
ir_statement / Sep 15, 2026 / receipt
| Christian Wojcicki | CEO | - | receipt |
| Christian Wojciechowski | CEO | - | receipt |
| Paul Hitchen | Chief Financial Officer | - | receipt |