Sandoz Group AG (SDZNY) Q2 2025 Earnings Call Transcript


Sandoz Group AG (OTCQX:SDZNY) Q2 2025 Earnings Conference Call August 7, 2025 3:00 AM ET

Company Participants

Craig Marks – Corporate Participant
Head, IR – Corporate Participant
Remco J. Steenbergen – Chief Financial Officer
Richard Saynor – Chief Executive Officer

Conference Call Participants

Charlie Haywood – BofA Securities, Research Division
Florent Cespedes – Sanford C. Bernstein & Co., LLC., Research Division
Harry Thomas d’Alton Sephton – UBS Investment Bank, Research Division
James Daniel Gordon – JPMorgan Chase & Co, Research Division
Joris Zimmermann – Octavian AG, Research Division
Sidhartha Modi – Barclays Bank PLC, Research Division
Simon P. Baker – Redburn (Europe) Limited, Research Division
Thibault Boutherin – Morgan Stanley, Research Division
Victor Floch – BNP Paribas Exane, Research Division

Operator

Good morning, ladies and gentlemen, and welcome to the Sandoz call today. I will now pass on to Craig Marks, Head of Investor Relations, for his opening remarks.

Craig Marks

Thank you, and welcome to the Sandoz H1 2025 Results Call. Earlier today, we published a results announcement and an accompanying presentation on our website, which we’ll follow today. You can find these documents at sandoz.com/investors.

Joining me today are Richard Saynor, Chief Executive Officer; and Remco Steenbergen, Chief Financial Officer.

Please turn to Slide 2. Our results announcement presentation and discussion include forward-looking statements. Please see our disclaimer here.

Please turn to Slide 3. Richard will begin today’s presentation with a summary of the highlights in the first half of the year, followed by an update on the business. Remco will cover the financial performance as well as our full year guidance.

Following a wrap-up of the presentation, we’ll be happy to take your questions.

With that, I’ll now hand over to Richard. Please turn to Slide 4.

Richard Saynor

Thank you, Craig, and hello, everybody. It’s a pleasure to welcome you



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