Tecan Group (TCGGY) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for joining us for our conference call this morning. We are very pleased to discuss with you the results for the fiscal year 2023. With me on the call are our Chief Executive Officer, Dr. Achim von Leo Brechting, and our Chief Financial Officer, Tanja Micki. Before we start, as always, very briefly, some formalities. The corresponding press release announcing our financial results, was issued this morning at 6 a.m. Central European Time. Both this press release as well as the full 2023 Annual Report, including the 2023 Sustainability Report, are available on the company website tecan.com, as always under the Investor Relations tab. I just want to remind you that the call is being webcast over the Internet on our homepage, and we have also posted a PDF of the presentation slides that we will discuss on this call for download. With that, let me now turn the call over to Achim von Leo Breschtig. Achim von Leo Breschtig Thank you very much, Martin, and good morning, and welcome to the TCAM 2023 full-year results presentation. Before Tanja will discuss the financial results of 2023 in detail, I will give you, as always, an overview of the financial and operational highlights. As you know, we published preliminary topline results for the full year 2023 already in January of this year. I'm glad to be able to say today that TCAM, despite the challenging market environment, delivered a solid performance in 2023. We had already communicated underlying sales growth in January, and I am pleased to report today an increase in profitability and net profit. We generated sales totaling 1 billion 74.4 million Swiss francs, 1.3% below 2022 in local currencies. And as mentioned, we've been able to demonstrate a solid underlying sales growth of 6.3% in ...