Verbio Se (VBVBF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon everyone and a warm welcome to the Verbio earnings call for the first half of the fiscal year 2024-25. Today's speakers are Klaus Sauter, CEO of Verbio and Olaf Drüber, CFO of the company. They will walk us through the company's performance of the first half of the fiscal year, touching on key milestones, market trends and strategic initiatives. But before we dive in, a quick housekeeping note. The conference is being recorded and all participants are in a listen-only mode. If you have questions, please submit them using the chat box and we will address them in the Q&A session after the presentation. Please make sure to preface each question with your name and the name of your company in order to be considered. And without further ado, I'll hand it over to Mr. Sauter and Mr. Trüber. The floor is yours. Thank you very much, Harry. Good afternoon, everyone. And thanks for joining us for our second quarter of 2024, 2025 and half year earnings call. I am here today with Olaf Trüber, our CFO. Looking back at the past six months, we've made good progress on our major growth project, our ethanolesis plant in Bitterfeld. From 2026, we will produce first amounts of renewable molecules at our Bitterfeld site for the chemical industry. Speciality chemicals are key ingredients in detergents, cleaning products, high-performance lubricants and plastics. With this, we are driving the transition from fossil-based to renewable raw materials in the chemical sector. Meanwhile, the ethanol plant startup in Nevada hasn't gone as smoothly as expected due to equipment malfunctions. We are working at full capacity to resolve these quality issues and ramp up operations. The technology and process in Nevada are proven and reliable. Hence, our long-term outlook remains fully int...