Arkema S/Adr (ARKAY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. This is the conference operator. Welcome and thank you for joining the Arkema Second Quarter twenty twenty six Results and Outlook Conference Call. As a reminder, all participants are in listen only mode. After the presentation, there will be an opportunity to ask questions by pressing star and one at any time. At this time, I would like to turn the conference over to Mr. Thierry Le Enaff, Chairman and Chief Executive Officer. Please go ahead, sir. Thank you very much. Good morning, everybody. Welcome to Arkema's Q2 twenty twenty six Results Conference Call. Joining me today are Marie Jose Dansions, our CFO as well as the Investor Relations team. To support this conference call, we have posted a set of slides, which are available on our website. I will first comment the highlights of the quarter before letting Marie Jose go through the financials. And at the end of the presentation, as usual, we'll be available to answer your question. The second quarter was, as you know, marked by the challenging context in The Middle East. Oil and raw material prices as well as energy and logistic costs rose sharply as a consequence of the conflicts and global supply chains were partly disrupted. We saw some temporary easing towards the end of the quarter, but following the cease fire, the conflict resumed and raw material prices have moved back up. The market demand environment remained weak overall, in line with previous quarter with no recovery yet in Europe and The U. S. On the other hand, Asia continued to be well oriented, notably Southeast Asia and India, while China domestic growth was more subdued. In this complex environment, Arkema delivered a good second quarter performance with EBITDA rising 7% year on year to three ninety one million euros despite a €10,...