Q2 2023 IMCD NV Earnings Call Transcript
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.
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
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