Lanxess Ag Ord (LNXSF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.879 Thank you for joining our LENX's Q1 results 2026 conference call. 00:00:05.879 -- 00:00:10.064 If you would like to ask a question, you will need to press star nine and the pound key 00:00:10.064 -- 00:00:14.230 on your telephone and wait for your name to be announced later. 00:00:14.230 -- 00:00:20.315 First, we will hand over to Ifa Hussmann, Head of Investor Relations for opening remarks. 00:00:21.399 -- 00:00:24.904 Yeah, thank you and welcome to our Q1 call. 00:00:24.904 -- 00:00:28.617 Before we start, please take note of our safe harbour statements. 00:00:28.617 -- 00:00:33.742 And as always, we have our CEO, Matthias Sachardt here, as well as Oliver Stratmann, 00:00:33.742 -- 00:00:38.827 our CFO. Matthias, we'll start with a quick presentation before we answer 00:00:38.827 -- 00:00:40.947 your questions. 00:00:41.050 -- 00:00:46.355 Matthias, go ahead. Thank you, Eva, and welcome all of you to our conference call 00:00:46.355 -- 00:00:52.021 on first quarter 26. I start the presentation straight 00:00:52.021 -- 00:00:58.503 on page four, where we comment on the key financial indicators. 00:00:58.503 -- 00:01:03.508 So as far as Q1 is concerned, we guided in March 00:01:03.508 -- 00:01:06.691 already that it will be a soft start to the year. 00:01:06.691 -- 00:01:12.396 We've seen lower volumes, especially in January, February, a positive tone 00:01:12.396 -- 00:01:17.962 on March where business started to improve from the volume side 00:01:17.962 -- 00:01:23.167 and was clearly a difference compared to the previous months 00:01:23.167 -- 00:01:25.369 and also towards 00:01:25.369 -- 00:01:30.437 the fourth quarter. Please take note of the fact that In the comparison base last 00:01:30.437 -- 00:01:35.604 year, we have a re...