Hochtief Ag (HOCFF) Q3 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.700 Good afternoon to everyone, and thanks for joining us for this Hawke-Teef results call 00:00:04.700 -- 00:00:09.368 for the first nine months of 24. I'm Mike Pinckney, head of capital market strategy, 00:00:09.368 -- 00:00:12.654 and I'm here with our CEO, Juan Santamaria, 00:00:12.654 -- 00:00:17.864 and our CFO, Peter Sassenfeld, as well as our head of IR, Tobias Loskamp, 00:00:17.864 -- 00:00:22.627 and other colleagues from the senior management team at Hawke-Teef. 00:00:22.627 -- 00:00:25.210 We look forward to taking your questions 00:00:25.210 -- 00:00:30.456 later, but to kick off, our CEO is going to run us through the details of this 00:00:30.456 -- 00:00:35.662 strong set of numbers and provide you with an update on the group strategy. 00:00:35.662 -- 00:00:39.106 Juan, all yours. Thank you, Mike and team. 00:00:39.106 -- 00:00:43.111 Good afternoon to everyone and thanks for joining us. 00:00:43.111 -- 00:00:48.618 ECOCTIV has delivered a solid performance during the first nine months of 2024, marked 00:00:48.618 -- 00:00:53.687 by a firm increase in profits sales, and net operating cash flow. 00:00:53.687 -- 00:00:59.255 This growth is supported by the continued strong expansion of our order book, 00:00:59.255 -- 00:01:04.542 driven by a further significant rise in the orders, particularly in our strategic growth 00:01:04.542 -- 00:01:10.270 markets. Furthermore, the group has made important progress in its strategic development 00:01:10.270 -- 00:01:12.794 with several important transactions. 00:01:12.794 -- 00:01:17.740 Let's run through the key financial highlights of the first nine months. 00:01:17.740 -- 00:01:23.585 Group sales of 23.6 billion euros, so a 7% increase year-on-year. 00:01:23.585 -- 00:01:28.870 Oct...