Ashland, Inc. (ASH) Q2 2025 Earnings Call Transcript


Ashland, Inc. (NYSE:ASH) Q2 2025 Earnings Conference Call May 1, 2025 10:00 AM ET

Company Participants

William Whitaker – VP, Finance & Director, IR
Guillermo Novo – Chairman & CEO
John Willis – SVP, CFO & Principal Accounting Officer
Alessandra Faccin – SVP and GM, Life Sciences and Intermediates
James Minicucci – SVP & GM, Personal Care
Dago Caceres – SVP & General Manager, Specialty Additives

Conference Call Participants

Kevin Estok – Jefferies
Bhavesh Lodaya – BMO Capital Markets
Jeff Zekauskas – JPMorgan
David Begleiter – Deutsche Bank
Josh Spector – UBS
Michael Sison – Wells Fargo
John Roberts – Mizuho
Mike Harrison – Seaport Research Partners

Operator

Hello, and welcome to Ashland’s Second Quarter Fiscal Year 2025 Earnings Conference Call and Webcast. [Operator Instructions] I would now like to turn the conference over to William Whitaker. Sir, you may begin.

William Whitaker

Hello, everyone, and welcome to Ashland’s Second Quarter Fiscal Year 2025 Earnings Conference Call and Webcast. My name is William Whitaker, Ashland Investor Relations.

Joining me on the call today are Guillermo Novo, Ashland’s Chair and CEO; Kevin Willis, Ashland’s CFO; and our business unit leaders, Alessandra Faccin, Jim Minicucci and Dago Caceres.

During today’s call, we will reference slides being webcast on our website, ashland.com, under the Investor Relations section. We encourage you to follow along. Please turn to Slide 2. We’ll be discussing forward-looking statements on several matters, including our fiscal 2025 outlook, which involve risks and uncertainties as detailed on Slide 2 and in our Form 10-K. These forward-looking statements involve risks and uncertainties that could cause future results or events to differ materially from today’s projections.

We believe any such statements are based on reasonable assumptions, but cannot assure that such expectations will be achieved. We’ll also discuss certain adjusted financial metrics, both actual and projected, which



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