Stolt-Nielsen Ltd Ord (SOIEF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Stolt Nilsson's Earning Call for the first quarter of 2026. As always, the earnings, release and related materials are available on our website. We will also be recording this session and playback will be available on the website from tomorrow. Included in this presentation are various forward-looking statements. Such forward-looking statements are subject to risks and uncertainties. and we'll refer you to our latest annual report for further details. I'm Alex Ng, Vice President of Corporate Development and Strategy. Joining me today are Udo Lange, CEO, and Jens Grunerheger, CFO. At the end of the presentation, there'll be a Q&A session where we'll be taking questions online. To ask a question, simply type into the Q&A function on your screen. Thank you, and over to you, Udo. Thank you, Alex. Good afternoon, everyone, and thank you for joining us today for our first quarter 2026 results. The presentation will follow our usual format. I will begin with an overview of the group's results for the first quarter and share some key highlights. Jens will then take us through the financial detail before handing back to me to cover the performance of each of our divisions, our view of the market outlook, and some concluding remarks. Let's get started. In a backdrop of elevated market disruption and considerable global uncertainty, I'm pleased to report that Stolt Nielsen has delivered a solid first quarter, achieving group EBITDA of just over 180 million. This result reflects the strength of our diversified business model and the resilience it brings to our earnings. Our non-tanker portfolio contributed 40% of Group EBITDA in the quarter, a clear demonstration that Stolz Nielsen is not simply a shipping company. In fact, our Stolzhafen terminals ...