Mol Magyar Olaj Es Gazip (MOLFF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to MOLS Q1 2026 Results Conference Call. I am Márton Teremé, Head of Minimum Investor Relations. The speakers on today's call are Dr. György Batça, Chief Strategic Officer, Dr. Árkor Székely, Chief Financial Officer, Mr. Zsombor Marton, Executive Vice President of Upstream, Mr. Gabriel Szabo, Executive Vice President of Downstream, Mr. Péter Ratatich, Executive Vice President of Consumer Services, and Mr. József Simola, Executive Vice President of Circular Economy Services. Before giving the floor to Mr. Bacsa, let me remind you of some technical details. We continue to use Microsoft Teams as a platform to hold our conference call. The presentation is accessible at our website at mo.group.info and slides will be shared in Teams during the call. There will be a Q&A session after the presentation where you will have the chance to ask questions by using the raise your hand function on Teams. Please keep yourself muted throughout the call, except when asking a question. I would now like to draw your attention to the cautionary statement on slide number two. And now we can start the content part with Dr. Gerald Basha, taking us through the highlights of the first quarter. Good morning, everybody. Thank you, Nathan. So, let's start with the first quarter summary and go to page number four. Let me start with the annual guidance. If I want to be short, I would say that we didn't change the guidance, but let me take some more minutes to go a little bit of deep dive, because I would like to remind you that when we issued the guidance, that was the presentation of our fourth quarter results of last year, Gazip Olaj Es Gazip Olaj Es Gazip Olaj Es Gazip Olaj Es Gazip In March, the conflict of Iran and the closure of the Strait of Ho...