OC Oerlikon Corporation AG (0QO3) Q2 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.457 Good morning, ladies and gentlemen, and welcome to Erlikon's Q2 results call. 00:00:04.457 -- 00:00:07.842 With me in the call, I have Philipp Müller, CFO of Erlikon. 00:00:07.842 -- 00:00:12.288 Philipp will start the call with a presentation providing an update on our end markets, 00:00:12.288 -- 00:00:16.514 financials, and outlook. We will then follow up with Q&A. 00:00:16.514 -- 00:00:20.119 With that, I would like to open our presentation and hand over to Philipp. 00:00:20.119 -- 00:00:22.382 The floor is yours. 00:00:22.382 -- 00:00:26.748 Thank you, Stephan. Good morning, everyone, and welcome to our second quarter results 00:00:26.748 -- 00:00:28.748 presentation. 00:00:29.900 -- 00:00:36.567 We continue to execute on our strategic priorities of driving efficiency and innovation. 00:00:36.567 -- 00:00:40.331 We achieved robust orders and strong profitability 00:00:40.331 -- 00:00:45.356 in a difficult economic environment as industrial production and consumer spending 00:00:45.356 -- 00:00:47.939 continue to be subdued. 00:00:47.939 -- 00:00:51.142 Following a strong start to the year, 00:00:51.142 -- 00:00:54.906 we will raise our full year margin guidance. 00:00:54.906 -- 00:00:59.992 In addition, we are driving forward our pure play strategy and we're fully on track 00:00:59.992 -- 00:01:02.353 with our plans. 00:01:02.716 -- 00:01:07.722 I will start the presentation with an overview of the group results, followed by an update 00:01:07.722 -- 00:01:13.748 on our end markets, the divisional results, and we'll conclude with our outlook. 00:01:14.051 -- 00:01:20.199 At the group level, orders increased 1% year over year at constant FX to 651 00:01:20.199 -- 00:01:22.820 million Swiss francs. 00:01:22.887 -- 00:01:27.834 Q...