Half Year 2024 Sulzer AG Earnings Call Transcript

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Jul 26, 2024

Jul 26, 2024 / NTS GMT
Suzanne Thoma - Sulzer AG - Executive Chairman of the Board, Chief Executive Officer, Member of the Executive Committee

Ladies and gentlemen, welcome to our midyear results presentation. With me, I have our CFO, Thomas Zickler.

We are very happy to report to you a good H1 2024. Our results are encouraging also in the light of the economic development around the world. You see that in 2024, we have recorded a very good order intake growth. And that is particularly remarkable because in the first half 2023, we had an exceptionally high order intake growth. So the baseline with which we had to compare was quite ambitious.

Also, we see good sales development. And the interesting thing there is the sales development is good in all three regions as is the order intake in all three regions and in all three divisions.

When we look at our profitability, we have increased our profitability, up 130 basis points compared to the first half year of 2023. Also there, an additional comment that is of importance, of course, with our Strategy 2028 and all the measures that we are taking to execute

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