Aug 04, 2023 / 08:00AM GMT
Operator
Hello, and welcome to IMCD N.V. First Half Year 2023 Results. My name is Alicia, and I will be your coordinator for today's event. Please note this call is being recorded. (Operator Instructions)
I will now hand you over to Pieter van der Slikke, CEO, to begin today's conference. Thank you.
Pieter C. J. van der Slikke - IMCD N.V. - CEO & Member of Management Board
Yes. Thank you very much, Alicia. Good morning, everybody. I'm here with Hans Kooijmans as usual, and we will answer your questions in a moment. In 2022, we reported an unprecedented growth of 48% of our operating EBITA under exceptional circumstances. The exceptional circumstances were the result of strong price increases and high demand, partly caused by supply issues. This year, and the first 6 months, we see the reverse, soft demands and price pressure in certain segments. This resulted in the first 6 months of 2023 in a flat revenue and a decrease of our operating EBITA of 6%, and ForEx adjusted minus 3% to EUR 280 million.
Q2 was particularly weak, which was mainly driven
Q2 2023 IMCD NV Earnings Call Transcript
Aug 04, 2023
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers