August 15, 2024 Incoming orders accord­ing to plan, delayed com­mis­sion­ing impacts earnings, cyber attack after the balance sheet date

S c h l i e r e n, August 15, 2024. The Schlatter Group recorded a slightly lower order intake of CHF 57.4 million in the first half of 2024 compared to the prior-year period (H1 2023: CHF 62.4 million). At CHF 61.8 million, net sales in the first half of the year were down on the prior-year period (CHF 67.4 million). At CHF 69.4 million, the order backlog as at 30.6.2024 was slightly below the level at the end of 2023 (31.12.2023: CHF 73.9 million). Delayed com­mis­sion­ing of customer projects in the welding segment led to addi­tional costs and pro­vi­sions had to be made for impend­ing con­trac­tual penal­ties. The oper­at­ing result (EBIT) for the first half of 2024 there­fore amounted to CHF 1.3 million (EBIT margin: 2 %) compared to CHF 3.7 million (EBIT margin: 5.4 %). Without these addi­tional costs and pro­vi­sions, the oper­at­ing result would have been roughly on a par with the previous year. The Schlatter Group reported a positive con­sol­i­dated result of CHF 1.6 million for the first half of the year (H1 2023: CHF 3.3 million).