Full Year 2024 IMCD NV Earnings Call Transcript

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Mar 05, 2025

Mar 05, 2025 / 09:00AM GMT
Operator

Ladies and gentlemen, hello, and welcome to the IMCD NV full-year 2024 results conference call. Please note this call is being recorded. (Operator Instructions)

I will now hand you over to your host, Valerie Diele-Braun, CEO, to begin today's conference. Thank you.

Valerie Diele-Braun - IMCD NV - Chief Executive Officer, Member of the Management Board

Good morning, everyone, and welcome to the IMCD 2024 full-year results. As usual, I'm here with my colleague Hans Kooijmans, the CFO of IMCD, who will lead you through the financial results after my preliminary remarks, and then we are open to answer your questions.

2024 was a challenging but successful year for IMCD. The global economy continued to grow at a modest pace, whilst geopolitical tensions and economic shifts influenced customer behavior. Nevertheless, we were able to recover from a rather weak first quarter to return to gross profit and EBITDA growth in all following quarters.

During 2024, we recorded a gross profit of EUR1,202 million and operating EBITDA

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