Q2 2019 Covestro AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome to the Covestro Investor Conference Call on the Q2 2019 Results. The company is represented by Markus Steilemann, CEO; Thomas Toepfer, CFO; and Ronald Koehler, Investor Relations.
(Operator Instructions) I'd now like to turn the conference over to Ronald Koehler. Please go ahead, sir.
Good afternoon, and welcome to our second quarter conference call. For your information, we have posted our half year financial report and the conference call presentation on our website. We assume you have read our safe harbor statement.
With that, I would now like to turn the conference over to Markus.
Good afternoon, everybody. The second quarter developed in line with our expectations. The year-on-year comparison continues to look weak. However, we see a stabilization of margins since Q4 2018 based on sequentially flat
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