Neste Oyj Unsp/Adr (NTOIY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to discuss Neste's Q2 results that were published early this morning. My name is Anssi Tammelehto. I'm the Head of Strategy, M&A and Investor Relations at Neste. Here with me on the call, we have our President and CEO, Heikki Malinen, and our CFO, Eeva Sipilä. We will be referring to the presentation that can be found from our website. And please pay attention to the disclaimer. as we will be making forward-looking statements in this call. And the presentation includes key highlights, for example, our Q2 financial performance and the status of our financial targets, including the performance improvement program that is progressing well, and the work continues. We will also discuss the key regulatory developments and geopolitical topics, and also the outlook. In the end, we will also have time for discussion with you all. With these remarks, I would like to hand over to our President and CEO, Heikki Malinen. Heikki, please, the floor is yours. Heikki Malinen Heikki, thank you very much, and good morning, everybody. We have some folks from the U.S., and also good morning, good afternoon to those of you here in Europe and elsewhere. Really happy to be here today to share with you the results of the second quarter with Eva and Anssi. As always at Neste, we start our presentations with safety. Safety really is the core of everything we do here. This slide has two pieces of information. First of all, on the left-hand side, you see the data on total recordable injury frequency, which is the so-called the people element of safety. It's calculated based on incidents per millions of hours, and you can see from the direction of travel that this year we have been able to start to reduce the number of incidents and we are heading more in the right direction. However, ...