Verbio Se (VBVBF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and a warm welcome to today's earnings call of the Verve U.S.E. following the publication of the half-year and second quarter figures of the financial year 2025-2026. The CEO, Klaus Sautter, as well as CFO, Olaf Tröber, will speak in a moment and guide us through the presentation and the results. And after the presentation, we'll move on to a Q&A session, which we will be happy to take your questions. And having said this, Mr. Sautter, the stage is yours. Thank you very much, Sarah. Good afternoon, everyone, and thanks for joining our half-year and second quarter 2025-2026 earnings call. Building on the momentum from the first quarter, we delivered a strong first half of the year. Even though we had to work through quite a bit of regulatory noise, the underlying tailwinds are clearly moving in our favor. We are heading in a very positive direction and we'll keep doing the work that positions us well for what is ahead. As always, We will walk you through the regulatory developments and what they mean for us later in the call. Given VIRBIO's solid results in the first six months, we are now expecting our full-year EPTA to come in at the upper end of our prior guidance range, which was indicated to be at a high double-digit Euro million level. With that, I'll hand it over to Olaf to review the financial and operational results. Olaf, the floor is yours. Well, thanks Klaus and good afternoon everyone. As you can see in the chart on the left, our biodiesel output was slightly below the level of the same period last year. With 311,000 tons in the first half of 2526. In Europe. Well, we once again reached a record production volume. which highlights the strong operational stability of our plants. In Canada, we shook production towards the end...