Sgl Group Ord (SGLFF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Very warm welcome from the SGL side as well. Time is running. First half of 2016 is behind us, and today we want to discuss and present to you our first half figures and give you a short overview about our expectations for the second half of 2026. Even today, Andreas Klein, our CEO, and Thomas Dippold, our CFO, will lead the presentation and will be able to answer your questions. And now I hand over to Thomas. Please, it's your turn. Thank you, Claudia. Hello from my side. This is Thomas Dippold. It's my privilege and honor to guide you through our results for the first six months of the year. On slide number four, you can see the overall development of the group. Our total turnover dropped by 30%. or roughly 60 million coming from 453 to now 394 million in the first six months of 2026. Where does this come from to a large extent? From the discontinuation of our loss-making carbon fiber business, which we still had in our books in the first six months last year. Last year in June, we closed our site in Labradio. So they were producing same-dismosed slave for the first five respectively six months of the year before the closure took place and therefore a like-for-like sales decline derived from that which is 50 million. The other 10 million which our total turnover deteriorated from an operational level can be attributed to the high-margin business in Grappler Solutions, where we still see a very slavish development, and the demand for this high-margin silicon carbide business didn't catch up until now. And second, also our process tech business unit suffers from a very weak order intake and order book, which, well, maybe turns a little bit better in the second half of the year, but we come to that when we discuss the business unit. What we have on our contrary is the...