Viatris Inc. (VTRS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day everyone and welcome to the Beatrice Second Quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please stay in a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star and then 1 on your touchtone phones. To withdraw your questions, you may press star and 2. Please also note today's event is being recorded. At this time, I would like to turn the floor over to Bill Cebulski, head of investor relations. Sir, please go ahead. Good morning everyone. Welcome to our Q2 2025 earnings call. With us today is our CEO Scott Smith, CFO Doretta Mistress, Chief R&D Officer Fleet Martin and Chief Commercial Officer Corinne Legoff. During today's call, we will be making forward-looking statements on a number of matters, including our financial guidance for 2025 and various strategic initiatives. These statements are subject to risk and uncertainties. We will also be referring to certain actual and projected non-GAAP financial measures. Please refer to today's slide presentation and our SEC filings for more information, including reconciliations of those non-GAAP measures to the most directly comparable GAAP measures. When discussing 2025 actual or reported results, we will be making certain comparisons to 2024 actual or reported results on a divestiture adjusted operational basis, which excludes the impact of foreign currency rates and also excludes the proportionate results from the divestitures that closed in 2024 from the 2024 period. We may refer to those as changes on an operational basis. When comparing our 2025 actual or reported results to our expectations, we are making comparisons ...