Wacker Chemie Ag Ord (WKCMF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Wacken Chemie AG conference call Q3 2025. I am Matilde, the chorus call operator. I would like to remind you that all participants will be in listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. You can register for questions at any time by pressing star and one on your telephone. For operator assistance, please press star and zero. The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Jörg Hoffmann, Head of Investor Relations. Please go ahead. JÖRG HOFFMANN Thank you, operator. Welcome to the WACKER ChemEAG conference call on the third quarter 2025 results. Dr. Christian Havel, our CEO, and Dr. Tobias Ohler, our CFO, will walk you through the presentation. The press release, our IR presentation, and detailed financial tables are available on our webpage under the Investor Relations section. Please note that management comments during this call include forward-looking statements involving risks and uncertainties. We encourage you to review the Safe Harbor Statement in today's presentation and or 2024 annual report for information on risk factors. All documents mentioned are available on our website. Hello everyone, and thank you for joining us on our third quarter 2025 results call. The chemical industry is under pressure worldwide, but especially in Europe. The economic situation is tense and demand is weak. At the same time, the market environment is challenging and competitive pressure is high, especially from China. In addition, a stronger euro creates headwinds. Like many other chemical companies, we had to revise our full year forecast downward in the middle of the year. All our divisions are affected. Despite the...