Neste Oyj (OTCPK:NTOIF) Q2 2025 Earnings Conference Call July 24, 2025 8:00 AM ET Company Participants Anssi Tammilehto - Senior VP of Strategy, Investor Relations and M&A Eeva Sipila - Chief Financial Officer Heikki Malinen - CEO & President Conference Call Participants Adnan Dhanani - RBC Capital Markets, Research Division Alejandro Vigil - Banco Santander, S.A., Research Division Artem Beletski - SEB, Research Division Christopher Kuplent - BofA Securities, Research Division Derrick Lee Whitfield - Texas Capital Securities, Research Division Henri Jerome Dieudonne Marie Patricot - UBS Investment Bank, Research Division Henry Michael Tarr - Joh.
Neste's recent underperformance is due to macro-driven margin pressure, not operational issues; volume growth and efficiency gains remain strong. EU mandates for sustainable aviation fuel and commercial partnerships, such as with DHL, support long-term demand and earnings recovery potential. The valuation is compelling: shares trade well below historical norms, with the potential to double by 2027-2028 as margins recover and EPS rebounds.
Neste Oyj (OTCPK:NTOIF) Q1 2025 Earnings Conference Call April 29, 2025 8:00 AM ET Company Participants Anssi Tammilehto - SVP, Strategy, M&A, and IR Heikki Malinen - CEO Eeva Sipilä - CFO Conference Call Participants Alejandro Vigil - Santander Derrick Whitfield - Texas Capital Henri Patricot - UBS Sasikanth Chilukuru - Morgan Stanley Artem Beletski - SEB Matthew Blair - TPH Adnan Dhanani - RBC Peter Low - Redburn Atlantic Paul Redman - BNP Paribas Pasi Väisänen - Nordea Nash Cui - Barclays Yulia Bocharnikova - Goldman Sachs Anssi Tammilehto Good afternoon, everybody. Welcome to discuss Neste's Q1 2025 Results that were published this morning.
| Capital Markets Industry | Financials Sector | Mr. Heikki Malinen M.B.A., M.Sc., M.Sc. (Econ.) CEO | OTC PINK Exchange | FI0009013296 ISIN |
| FI Country | 5,408 Employees | 27 Mar 2025 Last Dividend | 3 Apr 2019 Last Split | 18 Apr 2005 IPO Date |
Neste Oyj, headquartered in Espoo, Finland, is a pioneer in the production and supply of renewable diesel and sustainable aviation fuel, operating extensively in Finland, other Nordic countries, the Baltic Rim, various European countries, North, and South America, and internationally. With a rich history dating back to its founding in 1948, the company underwent a significant rebranding from Neste Oil Oyj to Neste Oyj in June 2015, underlining its commitment to sustainability and renewable energy sources. Neste Oyj's business operations are structured into four diverse segments: Renewable Products, Oil Products, Marketing & Services, and Others, each tailored to meet the global demand for cleaner energy and associated services.
This segment deals with the production, marketing, and sales of renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics intended for wholesale markets. Neste's pioneering work in renewable products is central to its mission, offering cleaner fuel alternatives to reduce carbon emissions effectively.
Focused on the production, marketing, and sales of traditional oil products, including diesel, gasoline, aviation and marine fuels, light and heavy fuel oils, and gasoline components. This segment also covers specialty fuels such as small-engine gasoline, solvents, liquid gases, and bitumen. It caters to a diverse clientele, including retailers, distributors, oil majors, trading and petrochemicals companies, and various sectors such as road transportation, non-road uses, aviation, and marine.
Neste markets and sells cleaner fuels and oil products, along with associated services, to a wide range of customers. This includes private motorists, transport companies, aviation, shipping, and industrial and agricultural sectors, as well as municipalities, farmers, and heating oil customers. The company leverages a network of service stations for sales, alongside direct sales and distributors, to ensure the availability of its cleaner and sustainable products.
Under this segment, Neste offers engineering solutions tailored to the needs of its clients, showcasing the company's versatility beyond its core offerings of fuel products and services. This segment highlights Neste's commitment to providing a comprehensive suite of solutions catering to the broader energy sector.