Suedzucker Ag Unsp/Adr (SUEZY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good morning from Mannheim. We welcome all of you to our conference call. The underlying presentation for this call has already been published this morning on our website. Today we released the statement for the first half of the financial year 25-26. We are going to present you the highlights of the period. We visit our full year group earnings guidance for the business year. which we adjusted on August 21st. Following the presentation, we are going to answer your questions. As already mentioned, a recording of this call will be available on our homepage shortly after the call. Now, let me hand over to our CFO, Dr. Stefan Mehler. Thank you, Mathilde and Andreas, for the introductions. Ladies and gentlemen, also a warm welcome from my side, and thank you very much to all of you interest showing in , as mentioned. I would like to give you a brief overview about the business performance in the first six months of fiscal 25-26, and I would like to give you some more details about the confirmed earnings guidance for fiscal 25-26. So let me start with the highlights of the past six months of the fiscal. You will find this on page five. But before going into the details upfront, let me say a more general remark on where we stand as of today. So you can see in the figures that there is a weak performance in Q2. Yes, it came in as expected, but it's clear it's a weak performance. But on the other side, we confirm our full year financial guidance for the operating profit as of today. which stands at 100 to 200 million euros. So, when looking into the remainder of the year, we believe that from Q3 onwards, this should be the turning point to the positive, but the figures that I will continue to explain to you in the following for Q2 and H1 show a weak per...