Sales Q1 2024
Luc Themelin | Thomas Baumgartner |
April 24th,2024
A new record-breaking first quarter
RECORD QUARTERLY
SALES
BALANCED CONTRIBUTION OF THE 2 SEGMENTS AND 4 GEOGRAPHIES
ANNUAL GUIDANCE
CONFIRMED
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Mersen - Q1 2024 Sales
Organic sales growth of + 7 % for Q1
313 | |||
Q1 2024 | |||
220 | € 313m | ||
Organic | |||
growth | |||
+ 7% | |||
2021 | 2022 | 2023 | 2024 |
Reported Sales (€m)
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Mersen - Q1 2024 Sales
Growth across all regions
NORTH AMERICA
€121 m
Organic growth | |
+ 6.7 % | SOUTH AMERICA |
AFRICA |
€10 m
Organic growth
+ 7.1 %
EUROPE
€105 m
Croissance organique
+ 5.8 %
ASIA-PACIFIC
€77 m
Organic growth
+ 8.1 %
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Mersen - Q1 2024 Sales
Solid organic growth (+7 %), thanks to SiC semi-conductorsand transportation markets
9%
CHEMICAL
15% | 34% |
PROCESS INDUSTRIES | |
TRANSPORTATION |
313 M€
+7%*
19% | 23% | ||||||
ENERGIES | |||||||
ELECTRONICS | |||||||
ORGANIC GROWTH
Q1 2024 vs Q1 2023
+20% - +50%
+10% - +20%
+0% - +10%
-5% - 0%
* Organic growth Q1 2024 vs Q1 2023
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Mersen - Q1 2024 Sales
2024 guidance confirmed
ORGANIC SALES
GROWTH
Around 5 %
- Strong growth in the SiC semiconductors market
- Stability in the renewable energy market
- Growth still limited in the EV market, with deliveries scheduled to start for ACC
- Growth in process industries dependent on the economic environment
OPERATING MARGIN BEFORE NON-RECURRING ITEMS
Around 11 %
of sales
- Positive volume effect, negative mix effect
- Wage and energy inflation partially offset by price increases
- Additional resources for EV and p-SiC
- Increase in depreciation and amortization
CAPITAL EXPENDITURE
Between
€200m and €240m
- Includes €110m-150m of capital expenditure as part of the 2027 medium-termplan
- Current capital expenditure, other growth projects and safety and environmental investments: around 6.5% of sales
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Mersen - Q1 2024 Sales
QUESTIONS ?
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Mersen - Q1 2024 Sales
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Mersen SA published this content on 24 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 April 2024 15:55:46 UTC.