Sulzer Ltd (0QQ9) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.175 Welcome to our annual results presentation. 00:00:03.175 -- 00:00:09.141 Welcome to everybody here in the room. Welcome also to the participants 00:00:09.141 -- 00:00:12.305 who are here virtually. 00:00:12.305 -- 00:00:17.411 We are very pleased to provide you a very good result for 2024. 00:00:17.411 -- 00:00:19.411 This 00:00:19.673 -- 00:00:24.699 result in 2024 already mirrors the effect of the implementation of 00:00:24.699 -- 00:00:27.400 the strategy 2028. 00:00:28.094 -- 00:00:33.060 It also mirrors the industries that we are working for. 00:00:33.060 -- 00:00:37.725 We call these industries essential industries. 00:00:37.725 -- 00:00:43.512 Why are they essential? They are essential because they cater to the basic needs 00:00:43.512 -- 00:00:48.538 of a growing population. Worldwide, our population is growing and we 00:00:48.538 -- 00:00:53.864 have, thankfully, more and more people moving into the middle classes. 00:00:53.864 -- 00:00:59.676 These people need more energy, They need more and cleaner water. 00:00:59.676 -- 00:01:05.105 They need access to base chemicals and also to green minerals. 00:01:05.105 -- 00:01:10.174 That is what we are doing. We are making these industries better, more 00:01:10.174 -- 00:01:15.382 efficient and cleaner. And with that, we bridge the needs 00:01:15.382 -- 00:01:17.406 of prosperity 00:01:17.406 -- 00:01:23.036 with the needs of a sustainable society. And these essential industries, 00:01:23.036 -- 00:01:28.289 they are growing structurally. And this helps us in our result 00:01:28.289 -- 00:01:30.674 in 2024, in 2023, 00:01:30.674 -- 00:01:34.819 and it will also help us in 2025. 00:01:37.163 -- 00:01:40.809 essential industry bridging prosperity 00:01:40.809 -- 00:01:45.677 and th...