Q2 2023 Altri SGPS SA Earnings Call Transcript

Mar 02, 2024

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Jul 28, 2023 / 09:00AM GMT
Operator

Good morning. We welcome you to the Altri Q2 2023 Results Conference Call. (Operator Instructions)

We have with us Mr. Jose Pina, the CEO of the Altri Group; and Mr. Miguel Silva, the group's CFO. Mr. Jose Pina and Mr. Miguel Silva will give us a brief description of Q2 2023 results, and the floor will be open to Q&A.

I will now hand the conference over to Mr. Jose Pina, the CEO of the Altri Group. Please, you may go ahead, sir.

Jose Armindo Farinha Soares de Pina - Altri, SGPS, S.A. - CEO & Executive Director

Good morning to everyone, and thank you for attending today's conference call of Altri's second quarter 2023 results. We're pleased to host this call with investors and analysts, and hopefully, we can give a picture of the second quarter for Altri and talk somewhat about the outlook and challenges I have for this year.

If we turn to the first slide, we show what we believe to be the main highlights of the second quarter 2023. The slowdown in Global Pulp demand resulted from a significant destocking effect in the Pulp

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