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.
Neste Oyj (OTCPK:NTOIF) Q4 2024 Earnings Conference Call February 13, 2024 8:00 AM ET Company Participants Riikka Toivonen - Head, IR Heikki Malinen - CEO Anssi Tammilehto - Interim CFO Conference Call Participants Sasikanth Chilukuru - Morgan Stanley Pablo Cuadrado - Kepler Cheuvreux Chris Kuplent - Bank of America Artem Beletski - SEB Iiris Theman - Carnegie Peter Low - Redburn Alejandro Vigil - Santander Kate O'Sullivan - Citi Riikka Toivonen Good afternoon, everyone, and welcome to Neste's Q4 and Full Year 2024 Results Webcast. Today, we are broadcasting you live from London where we will also be hosting our Capital Markets update later today.
Neste Oyj faces declining margins due to increased competition and low-cost biodiesel exports, leading to significant financial challenges and a net income drop in FY24. New management aims to improve production efficiency and competitiveness, supported by EU anti-dumping regulations, potentially revaluing Neste's share price by 45%. Despite the high potential return, market uncertainties and regulatory changes justify a "hold" rating, awaiting improvement in key economic drivers in FY25.
![]() NTOIF In 9 months Estimated | Annual | $0.22 Per Share |
![]() NTOIF 2 months ago Paid | Annual | $0.22 Per Share |
![]() NTOIF 8 months ago Paid | Other | $0.65 Per Share |
![]() NTOIF 8 months ago | Other | $0.67 Per Share |
![]() NTOIF 1 Apr 2024 Paid | Other | $0.64 Per Share |
![]() NTOIF 28 Mar 2024 | Other | $0.65 Per Share |
23 Jul 2025 (47 Days) Date | | - Cons. EPS | - EPS |
23 Apr 2025 Date | | - Cons. EPS | - EPS |
13 Feb 2025 Date | | - Cons. EPS | - EPS |
24 Oct 2024 Date | | - Cons. EPS | 0.03 EPS |
25 Jul 2024 Date | | - Cons. EPS | - EPS |
![]() NTOIF In 9 months Estimated | Annual | $0.22 Per Share |
![]() NTOIF 2 months ago Paid | Annual | $0.22 Per Share |
![]() NTOIF 8 months ago Paid | Other | $0.65 Per Share |
![]() NTOIF 8 months ago | Other | $0.67 Per Share |
![]() NTOIF 1 Apr 2024 Paid | Other | $0.64 Per Share |
![]() NTOIF 28 Mar 2024 | Other | $0.65 Per Share |
23 Jul 2025 (47 Days) Date | | - Cons. EPS | - EPS |
23 Apr 2025 Date | | - Cons. EPS | - EPS |
13 Feb 2025 Date | | - Cons. EPS | - EPS |
24 Oct 2024 Date | | - Cons. EPS | 0.03 EPS |
25 Jul 2024 Date | | - Cons. EPS | - EPS |
Oil & Gas Refining & Marketing Industry | Energy 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.