Chetan Urushi
Analyst, JP Morgan
Replay available
IMCD N.V. (OTC: IMCDY) Q2 2025 earnings conference call, held 2025-07-30. Replay captured from the company's public earnings webcast.

Analyst, JP Morgan
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WEBVTT 00:00:00.031 -- 00:00:05.117 Hello, welcome to the IMTD Half-Year 2025 Results 00:00:05.117 -- 00:00:10.123 Conference Call hosted by Marcus Jordan, CEO, and 00:00:10.123 -- 00:00:15.389 Hans Goijmans, CFO. For the first part of this call, all participants 00:00:15.389 -- 00:00:20.415 will be in listen-only mode. And afterwards, there will be a question and answer 00:00:20.415 -- 00:00:25.421 session. If you wish to ask a question, please press key pound five 00:00:25.421 -- 00:00:27.571 on your telephone keypad. 00:00:27.571 -- 00:00:30.414 I would now like to give the floor to Marcus Jordan. 00:00:30.414 -- 00:00:33.916 Mr. Jordan, please go ahead. 00:00:35.760 -- 00:00:40.785 Thank you very much, Alba. Good morning to you all, and a warm welcome to our 2025 00:00:40.785 -- 00:00:45.930 half-year result analyst call. I'm Marcus Jordan, and I'm here today with 00:00:45.930 -- 00:00:51.156 our CFO, Hans Coymans, for the 2025 half-year results, which we published 00:00:51.156 -- 00:00:56.592 in a press release earlier this morning. The first half of 2025 was generally 00:00:56.592 -- 00:01:01.879 characterized by global economic uncertainty and tariff discussions across all 00:01:01.879 -- 00:01:03.321 regions, 00:01:03.321 -- 00:01:07.306 which had a significant impact on customer behavior. 00:01:07.306 -- 00:01:12.413 When looking at our numbers in the first half of 2025, they can be summarized 00:01:12.413 -- 00:01:16.659 as this having a good start to the year, as you saw in the Q1 numbers. 00:01:16.659 -- 00:01:21.470 And after this, we saw demand generally softening in the second quarter. 00:01:21.470 -- 00:01:25.494 You will find a summary of our financial results on slide four. 00:01:25.494 -- 00:01:30.939 Gross profit is up to 634 million euros, plus 7...