Basf Se S/Adr (BASFY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. On behalf of BASF, I would like to welcome you to our conference call on the codings transaction BASF and Carlyle announced today. Besides analysts and investors, journalists have joined the call. In the first part of the Q&A, we will address questions from financial market participants. We will then move on to questions from attending media participants. During the media Q&A, we are happy to switch to German if preferred. Both audiences, please be reminded that on today's call, we will only answer questions related to the coding transactions. No other topics will be discussed. The conference call is being recorded. All participants will be in listen-only mode throughout. Today's presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors. They involve various risks and uncertainties, and they are based on assumptions that may not prove to be accurate. BASF does not assume any obligation to update the forward-looking statements contained in this presentation above and beyond the legal requirements. With me on the call today are CEO Markus Kamid and CFO Dirk Elverman. Now, I would like to hand over to Markus. Thank you, Steffi, and good afternoon, everyone. Welcome to this conference call and thanks for making yourself available on such short notice. As announced an hour ago, we have reached an important milestone in focusing our portfolio and unlocking value. BSF and Carlyle reached a binding transaction agreement on BSF's coatings business. Our goal is to joint...