Rieter Holding AG (0QKA) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to Rita's Results press conference. Thank you all for joining us today. My name is Relinda Svisa. I'm the head of group communication and marketing. Thomas Oetterle, our CEO, will take over the first part of the presentation. He will then hand over to our CFO, Oliver Streule, for the financials. The presentation will be followed by a Q&A session. Webcast viewers may submit their questions in writing. As always, the speeches are recorded. Let's start with the first presentation. Thomas, the stage is yours. Thank you, Relindis. Good morning, bonjour, grüezi miteinander, benassiva, buongiorno. Dear ladies and gentlemen, also a warm welcome from my side. 2024 was another tough year for the textile industry. In challenging times like these, it is even more important to stay focused and deliver excellence in execution. If you do this and have the right actions in place, you will outperform competition. Thanks to the enormous efforts of our teams all over the world, Reiter achieved a solid financial performance, increased its market position and drove technology leadership. I'm very proud of the Reiter team worldwide and thank all my colleagues. Let's look at the agenda. We will briefly look at the key messages, review the market and take a closer look at our strategy execution. I will then hand over to Oliver for a deep dive into the financials. Let's start with the key messages on slide number four. I will give a high level overview of order intake, sales and EBIT. Oliver will then walk you through the details on sales, EBIT, free cash flow and net profit. Let me start with the green boxes. Order intake. One of the highlights in 2024 was that order intake increased remarkably by 34%, reaching 725.5 million Swiss francs. The fina...