Sgl Group Ord (SGLFF) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Yes, thank you. Welcome and thanks for your participation in our today's conference call about the first nine months, 2024. Our board members, Thorsten Derr and Thomas Dippelt, will give you a detailed overview about our business development and, in particular, a focus on the semiconductor market segment. Then I directly hand over to Thomas Dippelt. Thanks. Thank you, Claudia. It's my pleasure, on the first hand, to welcome you. Secondly, to present the figures for the first nine months of 2024. And what we can say overall, the nine-month development 2024 is exactly in line with what we guided so far. You know that we made our guidance a little bit more precise at half year, where we said it's going to be at the lower end of our given range when it comes to EBTA pre, and this is exactly the way how we develop. Here on slide number three, you can see the overall sales and EBTA development that we have. And I think this development that we can show you is exactly as we guided it. We are reaching 782 million sales, which is 4.8% down compared to the first nine months of last year. If you take out any currency and also some portfolio effects, we had some smaller divestments beginning of last year. And if you take it out and really compare it like for like, then our sales dropped by 3.6% compared to the first nine months of last year. Our EBITDA pre, however, remains almost stable. with 127.6 million euro compared to 130 last year in the same range of the first nine months, which is just a drop of 1.8%. So what's contributing to that? We have a very strong ongoing performance, and we see that now for the four consecutive years in process tech. GS, which was growing in particular in the first quarter, then a little bit in second, remains flat at the moment, which on the ot...