Lanxess Ag Ord (LNXSF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Lanxess Q2 2025 results conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, André Simon, Head of IR. Please go ahead. Thank you very much, Sandra, and a warm welcome to everybody to our Q2 conference call from my end as well. Today, I have our CEO, Matthias Sachert, and our CFO, Oliver Stratmann, with me. Please take notice of our safe harbor statement. Matthias will start with a short presentation, and then we will open the floor for your questions. With that, I'm happy to hand over to Matthias. Please go ahead. Thank you very much, Andrew, and welcome to everybody on the second quarter conference call from Linksys. I turn my attention to page number four in the distribution we have dispatched and start to comment on our key financials. Overall, it has to be said that Q2 was the expected tough quarter when we look into the and industries that have reported by now tough momentum in the automotive industry, tough momentum in capital goods, and, of course, chemicals have all faced tremendous pressure in the second quarter due to the high level of uncertainties in the global industry. And I think all of us and all of you know the reasons behind that. Demand has been depressed. High volatility, very, very short order pattern by our customers. And this sees the reflection in sales...