Q2 2024 Heidelberger Druckmaschinen AG Earnings Call Transcript

Nov 08, 2023 / 01:00PM GMT
Ludwin Monz - Heidelberger Druckmaschinen Aktiengesellschaft - CEO, Labor Director & Chairman of Management Board

Thank you, and good afternoon, ladies and gentlemen. Welcome to Heidelberg's Conference Call on the first half year results of fiscal year '23/'24. I'm glad you're here, and I'm looking forward to the discussion.

Our first slide shows the agenda of today's call. I will start with providing you an overview about our 6 months results. And then my colleague and CFO, Tania von der Goltz, will take you through the financials, followed by an update on our ESG activities that I will present to you. And finally, we will conclude with our outlook for the current fiscal year before welcoming your questions.

Well, let's have a look at the first slide, and I would like to start with a summary on our half year results. Firstly, I would like to comment on the overall economic situation.

The global economy continues to be fragile and is facing a multitude of challenges. Interest rates have grown significantly in the last 18 months, impacting economic growth globally. The

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