Roche Holding AG (RHHBY) Q2 2026 Earnings Call Transcript

Ladies and gentlemen, welcome to Roche's Half Year Results Webinar 2026. My name is Henrik, and I'm the technical operator for today's call. Kindly note that the webinar is being recorded. [Operator Instructions] One last remark, if you would like to follow the presented slides on your end as well, please feel free to go to roche.com/investors to download the presentation. At this time, it's my pleasure to introduce you to Thomas Schinecker, CEO of Roche Group. Mr. Schinecker, the stage is yours. Thomas Schinecker Group Chief Executive Officer Thank you very much, and good morning, and good afternoon, everyone. I'm very much excited to share our half year 2026 results with you. We again had a strong performance, and we truly made significant portfolio progress in the second quarter. Now let me take you through this slide. I think the headline says everything: core operating profit growth at plus 10% ahead of sales growth at plus 6%, again increasing our margin, similar to what we have