Schlatter Industries Reports Mixed 2024 Financial Results

Schlatter Industries AG reported a decrease in net sales for the 2024 financial year, reaching CHF 113.2 million compared to CHF 128.6 million in 2023. The company's operating result (EBIT) also fell from CHF 7.1 million to CHF 2.0 million. The order intake was CHF 101.6 million, down from CHF 113.1 million in the previous year, while the order backlog at year-end stood at CHF 61.4 million, compared to CHF 73.9 million in 2023.

The Weaving segment showed positive results, but the Welding segment faced challenges. Delays in commissioning and a cyber-attack resulted in added costs and penalties. Despite these setbacks, the Schlatter Group ended the year with a substantial order backlog, ensuring demand for 2025. The company plans to improve its operating profit and lower sales projections for the upcoming year.