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home / news releases / LYB - LyondellBasell Industries N.V. (LYB) Q1 2024 Earnings Call Transcript


LYB - LyondellBasell Industries N.V. (LYB) Q1 2024 Earnings Call Transcript

2024-04-26 15:44:07 ET

LyondellBasell Industries N.V. (LYB)

Q1 2024 Earnings Conference Call

April 26, 2024 11:00 AM ET

Company Participants

David Kinney - Head, IR

Peter Vanacker - CEO

Michael McMurray - CFO

Kim Foley - EVP, Intermediates, Derivatives & Refining

Aaron Ledet - EVP, Intermediates and Derivatives

Torkel Rhenman - EVP, Advanced Polymer Solutions

Conference Call Participants

Steve Byrne - Bank of America

Patrick Cunningham - Citi

Frank Mitsch - Fermium Research

Matthew Blair - Tudor, Pickering, Holt

Jeff Zekauskas - JPMorgan

Josh Spector - UBS

Hassan Ahmed - Alembic Global

Kevin McCarthy - Vertical Research Partners

Vincent Andrews - Morgan Stanley

Presentation

Operator

Hello and welcome to the LyondellBasell Teleconference. At the request of LyondellBasell, this conference is being recorded for instant replay purposes. Following today's presentation, we will conduct a question-and-answer session.

I would now like to turn the conference over to Mr. David Kinney, Head of Investor Relations. Sir, you may begin.

David Kinney

Good day everybody and thank you for joining today's call. Before we begin the discussion, I would like to point out that a slide presentation accompanies today's call and is available on our website at www.lyondellbasell.com/investorrelations .

Today, we will be discussing our business results, while making reference to some forward-looking statements and non-GAAP financial measures. We believe the forward-looking statements are based upon reasonable assumptions, and the alternative measures are useful to investors.

Nonetheless, the forward-looking statements are subject to significant risk and uncertainty. We encourage you to learn more about the factors that could lead our actual results to differ by reviewing the cautionary statements in the presentation slides and our regulatory filings, which are also available on our Investor Relations website.

Comments made on this call will be in regard to our underlying business results using non-GAAP financial measures, such as EBITDA and earnings per share, excluding identified items.

Additional documents on our Investor website provide reconciliations of non-GAAP financial measures to GAAP financial measures, together with other disclosures, including the earnings release and our business results discussion.

A recording of this call will be available by telephone beginning at 1:00 P.M. Eastern Time today until May 26th, by calling 877-660-6853 in the United States and 201-612-7415 outside the United States. The access code for both numbers is 13743073.

Joining today's call will be Peter Vanacker, LyondellBasell's Chief Executive Officer; our CFO, Michael McMurray; Kim Foley, our Executive Vice President of Global Olefins and Polyolefins and Refining; Aaron Ledet our Executive Vice President, Intermediates and Derivatives; and Torkel Rhenman, our EVP of Advanced Polymer Solutions.

During today's call, we will focus on first quarter results, current market dynamics, our near-term outlook, and our long-term strategy....

For further details see:

LyondellBasell Industries N.V. (LYB) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: LyondellBasell Industries NV Class A
Stock Symbol: LYB
Market: NYSE
Website: lyondellbasell.com

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