WKCMF - Wacker Chemie AG (WKCMF) Q4 2024 Earnings Call Transcript
2025-03-12 21:32:27 ET
Wacker Chemie AG (WKCMF)
Q4 2024 Earnings Conference Call
March 12, 2025 11:00 AM ET
Company Participants
Joerg Hoffmann - Head of IR
Christian Hartel - President & CEO
Tobias Ohler - CFO
Conference Call Participants
Andreas Heine - Stifel
Thomas Wrigglesworth - Morgan Stanley
Chetan Udeshi - JPMorgan
Oliver Schwarz - Warburg Research
Sebastian Bray - Berenberg
Sean McLoughlin - HSBC
Geoffery Haire - UBS
Presentation
Operator
Ladies and gentlemen, welcome to the Conference Call Full Year 2024 Results Conference Call. I'm Mogus, the chorus call operator. I’d like to remind you that, all participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question-and-answer 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 2024 full year results. Dr. Christian Hartel, our CEO; Dr. Tobias Ohler, our CFO will take you through our prepared slides momentarily. The press release, our IR presentation and 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 press release, the presentation and our annual report regarding risk factors. All documents mentioned are available on our website.
Chris?
Christian Hartel
Welcome, everyone. Today, we report on a challenging year 2024 for Wacker and the entire chemical industry. The European chemical industry has been struggling with an economic recession since Q1 2022 and face slow demand and capacity utilizations. Despite these challenging conditions, Wacker remained on course and achieved some good successes....
Wacker Chemie AG (WKCMF) Q4 2024 Earnings Call Transcript