Marcus Jordan
CEO
Replay available
IMCD N.V. (OTC: IMCDY) Q4 2025 earnings conference call, held 2026-02-18. Replay captured from the company's public earnings webcast.

CEO
Analyst, Bank of America
Analyst
Analyst, ING
Analyst, JP Morgan
Analyst, Jefferies
Analyst, Goldman Sachs
Analyst, BNP Paribas
Watch the replay and follow the connected company analysis, news, and investor updates for Imcd N.v..
WEBVTT 00:00:01.027 -- 00:00:06.676 Welcome to the IMCD 2025 Full Year Results Conference Call, 00:00:06.676 -- 00:00:08.979 hosted by Marcus 00:00:08.979 -- 00:00:14.047 Jordan, CEO, and Hans Koimond, CFO. For the first part of this 00:00:14.047 -- 00:00:19.054 call, all participants will be in listen-only mode, and afterwards there will be 00:00:19.054 -- 00:00:23.541 a question-and-answer session. If you wish to ask a question, 00:00:23.541 -- 00:00:27.976 please press pound key 5 on your telephone keypad. 00:00:27.976 -- 00:00:30.959 I would now like to give the floor to Marcus Jordan. 00:00:30.959 -- 00:00:34.281 Mr. Jordan, please go ahead. 00:00:35.204 -- 00:00:39.368 Thank you very much, Elder. Good morning to you all, and a warm welcome. 00:00:39.368 -- 00:00:44.654 I'm Marcus Jordan, and I'm here today with our CFO, Hans Coymans, for the 2025 results, 00:00:44.654 -- 00:00:48.157 which we published in a press release earlier this morning. 00:00:48.157 -- 00:00:52.582 After a positive start to the year, with good first quarter results, the following quarters 00:00:52.582 -- 00:00:57.988 of 2025 were challenging. amid macroeconomic conditions, tariff uncertainty 00:00:57.988 -- 00:01:03.897 and geopolitical unrest. This resulted in softer demand across a number of markets, 00:01:03.897 -- 00:01:08.523 limited order visibility and continued just-in-time deliveries. 00:01:08.523 -- 00:01:12.710 Looking at our business segments, we saw pharmaceuticals and food and nutrition have 00:01:12.710 -- 00:01:15.714 the most solid performance in 2025, 00:01:15.714 -- 00:01:20.261 and our beauty and personal care and industrial segments being generally soft in demand 00:01:20.261 -- 00:01:22.668 across all three regions. 00:01:22.668 -- 00:01:27.676 Moving on to the 2025 ...