BASF SE (BASFY) Q2 2026 Press Conference Call Transcript

Stefanie Wettberg
Senior Vice President of Investor Relations

Good morning, ladies and gentlemen, and a warm welcome to our press conference. Today, we are going to present the financial figures of BASF Group for the second quarter 2026. And I would like to welcome our Chairman of the Board of Executive Directors, Markus Kamieth, and Dirk Elvermann, our CFO. So before we begin, let me give you a few points of housekeeping. The conference language is German and there’s going to be a simultaneous translation into English. The presentation is available for download at bsf.com, and the direct link for that will be found in the chat. So let’s start with the presentation, and we are looking forward to your questions afterwards. And the floor is yours, Markus.

Markus Kamieth
CEO & Chairman of the Board of Executive Directors

Thank you, Thomas. Before I start, welcome to you. It’s your first press conference in your brand-new position, but welcome again, and we look forward to having a few more press conferences with you. Thank you. Good morning to you. Dirk Elvermann and I are pleased to welcome you to today’s press conference. In mid-July, we already pre-released our results for the second quarter as our EBITDA before special items considerably exceeded average analyst expectations. We were able to increase earnings in nearly all segments. This was driven by stronger prices and higher volumes as well as lower cash fixed costs.