Sgl Group Ord (SGLFF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and a very warm welcome to our conference call today. Today we want to give you some more insights about our business development in the last year and our expectations about 2025. The call will be held by our new CEO, Andreas Klein, and our well-known CFO, Thomas De Pauls. Andreas Klein has been CEO since 1st of January this year, but he joined SGL in October 23 as head of our largest business unit, Graphite Solutions, and so you know the company, the structures, and our most important markets very well. So let's start. I hand over to Thomas Dippold, who will give you some more details about Cisco 2024. Thank you, Claudia. It's my privilege and my job to guide you through the figures of 2024. First of all, I think we can summarize the performance of the year 2024 is we kept our guidance. I think that was quite a bit of a challenge. We precise our guidance throughout the year a little bit where we that we will land at the lower end of the guidance. And this is exactly what we have achieved. You can see it here on this page. We promised sales on the level of previous year. We almost reached that. We are 5.8% down compared to previous year, now reaching 1.1 billion, 26 million. This is 62 million less than the year before. A large part of it is also currency, and we also have some 4, 5 million portfolio effects, which we had still in 2023 with some remains when we sold Gardena and Pune business. So there were 4 million still in there. But in fact, we are roughly 5% down. All business units except process tech had lower sales compared to the year before. This also shows that our business environment in the year 2024 was quite challenging. However, we still made it to keep our EBDA pre-level roughly on the level of the year before. We now reach 162.9. As I sa...