Sulzer Ltd (0QQ9) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to our annual results presentation. Welcome to everybody here in the room. Welcome also to the participants who are here virtually. We are very pleased to provide you a very good result for 2024. This result in 2024 already mirrors the effect of the implementation of the strategy 2028. It also mirrors the industries that we are working for. We call these industries essential industries. Why are they essential? They are essential because they cater to the basic needs of a growing population. Worldwide, our population is growing and we have, thankfully, more and more people moving into the middle classes. These people need more energy, They need more and cleaner water. They need access to base chemicals and also to green minerals. That is what we are doing. We are making these industries better, more efficient and cleaner. And with that, we bridge the needs of prosperity with the needs of a sustainable society. And these essential industries, they are growing structurally. And this helps us in our result in 2024, in 2023, and it will also help us in 2025. essential industry bridging prosperity and the need to reduce the ecological footprint. These are industries that are growing continuously and they are a building block of Sulz's resistance. We have several building blocks and one of the building blocks is that we are in these structurally growing markets. So what are we reporting on? Very quickly, our CFO, Thomas Tickler, is going to speak about that in more depth. We are reporting on double-digit growth in sales, double-digit growth in order intake, a good step forward in our profitability, and we are also reporting on a company that is financially very solid and keeps becoming stronger also financially. The results for sales. We have had 3.5 billion sales i...