Envipco Holding N.V. (ENVHF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to the quarterly report presentation of N.Vipco. My name is José Matthijsen and together with Michael Clement we will be presenting our quarterly numbers to you today. I have now spent 90 days with N.Vipco and I believe that I have a good overview of the company and the environment in which we operate. I spent these 90 days visiting all of our locations, meeting all of our teams, seeing our machines operating in the markets, but also meeting our customers, the DRS operators and a large part of the investors community. And the feedback that I have had has been very positive. Our customers and our DRS operators, they like the uptime of the equipment of N.V. They like the reliability of our service teams and they see our sales teams as a trusted partner. What I've seen these 90 days has not changed my conviction of the compelling position in which N.V. is today. The market opportunity, the structural market opportunity of the DRS systems is highly attractive. It is a proven method to collect raw materials from the market and it also reduces waste in society. It has been very inspiring to talk to citizens, but also to government officials of markets that have recently rolled out DRS and to see how positive they are about that. N.Vipco has a very compelling long-term opportunity, but it can also benefit from more direction. If we want to capture the opportunities that are ahead of us and to convert them into sustainable growth, we need to professionalize the way we operate. We need to get better alignment between the headquarters and our subsidiaries. We need to simplify our operating model and we need to have more discipline across sales, operations and finance. The issues we have seen with our delayed annual reporting are just not accep...