Huber+Suhner AG (0QNH) Q2 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.952 Ladies and gentlemen, and welcome to Hubert Suner's half-year conference 2022. 00:00:07.034 -- 00:00:12.040 I will start the presentation with an overview of 00:00:12.040 -- 00:00:16.064 the first half year's figure of Huber Sooner. 00:00:16.064 -- 00:00:21.210 I will be followed here on stage by our CFO, Ivo Wechsler, who will 00:00:21.210 -- 00:00:26.656 dive together with you into the details of our mid-year result. 00:00:26.656 -- 00:00:31.921 And then towards the end, I'll share an outlook and the most important 00:00:31.921 -- 00:00:38.426 trends in our key markets with you, followed by a Q&A session. 00:00:38.894 -- 00:00:43.682 As mentioned, we can report very strong half-year results. 00:00:43.682 -- 00:00:48.527 We have seen on the volumes, particularly orders 00:00:49.031 -- 00:00:54.860 that came in above a very strong last year with just 00:00:54.860 -- 00:00:57.064 0.8% above, 00:00:57.064 -- 00:01:02.325 close to 500 million. We were able to show significant 00:01:02.325 -- 00:01:08.254 growth on our net sales by 12.5%, the details 00:01:08.254 -- 00:01:11.879 on how much is organic and all 00:01:11.879 -- 00:01:17.047 the details in the different segments will be provided by 00:01:17.047 -- 00:01:22.152 Ivo Wechsler in the second part of the presentation. 00:01:22.516 -- 00:01:27.565 We have been able to fight also back the margin pressure, 00:01:27.565 -- 00:01:32.253 which was significant in these first six months of 2022, 00:01:32.253 -- 00:01:36.782 which helped also to safeguard the profitability 00:01:36.782 -- 00:01:38.645 in the range 00:01:38.645 -- 00:01:41.310 of the double digit 00:01:41.310 -- 00:01:42.918 margins. 00:01:42.918 -- 00:01:48.529 So our operating profit came in just above 00:01:48.529 -- 0...