Q1 with Improved Sequential Order Intake in Polymer Processing Solutions and Strong Profitability in Both Divisions
Source: EQS
Group
1 Due to rounding, some totals may not correspond with the sum of the separate figures. Operational EBITDA from prior year is restated for discontinued activities. For the reconciliation of operational and reported EBITDA figures, please see the earnings presentation. 2 Impact from M&A: +4.8%, foreign exchange (FX): -6.7%, organic: -3.8%; 3 Impact from M&A: +3.6%, FX: -5.2%, organic: -23.6%.
“We executed well and delivered robust results against soft industrial activity, particularly in Surface Solutions Division Surface Solutions achieved stable organic orders and sales, at constant exchange rates, supported by automotive and aerospace. The division saw cautious customer purchasing as reflected in the soft Purchase Management Index (PMI). While the Euro Area manufacturing PMI remained in contraction, the PMIs for
Operational EBITDA margin improved 122 basis points to 17.6%, supported by innovation, efficiency and pricing.
Key figures as of
1Due to rounding, some totals may not correspond with the sum of the separate figures. Operational EBITDA from prior year is restated for discontinued activities. 2 Impact from M&A: +8.6%, FX: -6.9%, organic: +0.6%; 3 Impact from M&A: +7.2%, FX: -6.6%, organic: 0.0%.
Polymer Processing Solutions Division Polymer Processing Solutions’ filament end market continued to be impacted by customers postponing investments. Organic order intake at constant exchange rates decreased by 9% year-over-year. Sequentially, the division improved order intake (Q3 2023:
The division achieved a robust operational EBITDA margin of 10.5%, despite lower sales volume, FX and limited pass-through of higher input costs to maintain volume. The double-digit margin was supported by the previously announced proactive costs actions.
Key figures as of
1Due to rounding, some totals may not correspond with the sum of the separate figures. Operational EBITDA from prior year is restated for discontinued activities. 2 Impact from M&A: 0.0%, FX: -6.4%, organic: -9.3%; 3 Impact from M&A: 0.0%, FX: -3.7%, organic: -47.4%.
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1896935 07-May-