Wacker Chemie AG (OTC:WKCMF) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET
Company Participants
Joerg Hoffmann - Head, Investor Relations
Christian Hartel - President & Chief Executive Officer
Tobias Ohler - Chief Financial Officer
Conference Call Participants
Christian Faitz - Kepler Cheuvreux
Tom Wrigglesworth - Morgan Stanley
John McLoughlin - HSBC
Chetan Udeshi - JPMorgan
Sebastian Bray - Berenberg
Geoff Haire - UBS
Operator
Ladies and gentlemen, welcome to the Wacker Chemie Conference Call on Q1 2025. I am Sandra, the Chorus Call operator. I would like to remind you that all participants will be listen-only mode, and the conference is being recorded. The presentation will be followed by a Q&A session. [Operator Instructions] The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Joerg Hoffmann, Head of Investor Relations. Please go ahead, sir.
Joerg Hoffmann
Thank you, operator. Welcome to the Wacker Chemie AG conference call on the Q1 2025 results. Dr. Christian Hartel, our CEO; Dr. Tobias Ohler, our CFO will take you through our prepared slides momentarily. The press release, our presentation, and the detailed financial tables are available on our web page under the caption Investor Relations.
Please note that management's 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 our 2025 annual report regarding risk factors. All documents mentioned are available on our website. Chris?
Christian Hartel
Welcome everyone to our conference call on the first quarter of 2025. The performance of our operating businesses was in line with our expectations. Considering the overall market environment, we have made a good start to the year. Sales in the first quarter of 2025 came in at €1.48 billion, slightly below last year's level a
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