Lanxess Ag Ord (LNXSF) Q2 2026 Earnings Call

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WEBVTT 00:00:01.111 -- 00:00:06.435 Thank you for joining our Lancet Q2 Results 2026 conference call. 00:00:06.435 -- 00:00:11.360 If you would like to ask a question, you will need to press star 9 and the pound key 00:00:11.360 -- 00:00:14.462 on your telephone and wait for your name to be announced. 00:00:14.462 -- 00:00:20.085 I will hand over to Eva Husman, Head of Investor Relations, for opening remarks. 00:00:20.848 -- 00:00:24.390 Thank you, Tim, and welcome everyone to today's call. 00:00:24.390 -- 00:00:29.214 Thank you for joining. Before we start, as always, please take note of our safe harbor 00:00:29.214 -- 00:00:34.464 statement. and with me today are, as always, Lancet CEO Matthias Zachert 00:00:34.464 -- 00:00:39.668 and CFO Oliver Stratmann. And with overview, we would be happy to 00:00:39.668 -- 00:00:44.130 take your questions. With that, I hand over to Matthias. 00:00:44.312 -- 00:00:49.396 Thank you, Eva, and welcome to all of you and 00:00:49.396 -- 00:00:54.880 thanks for joining our Q2 call on the performance 00:00:54.880 -- 00:00:59.992 that we have delivered. I turn your attention to page number... 00:00:59.992 -- 00:01:05.477 We will give an overview here notably on the sequential improvement 00:01:05.477 -- 00:01:09.060 that we have indicated to you in our May conference call. 00:01:09.060 -- 00:01:14.244 So you see that we on EBITDA are spot on, 00:01:14.244 -- 00:01:18.305 strong increase sequentially. This 00:01:18.427 -- 00:01:23.571 is also reflected in the cash flow. Normally the second quarter is still 00:01:23.571 -- 00:01:28.907 a softer quarter on cash flow generation, but we've clearly stated to you that 00:01:28.907 -- 00:01:30.568 This is 00:01:30.568 -- 00:01:36.269 the KPI we will focus on in order to improve as much as poss...