Singapore Technologies Engineering Ltd (OTCPK:SGGKF) Q4 2024 Earnings Conference Call February 26, 2025 10:00 PM ET
Company Participants
Cedric Foo – Group Chief Financial Officer
Vincent Chong – Group President and Chief Executive Officer
Ravinder Singh – Group Chief Operating Officer-Technology & Innovation and President-Defence & Public Security
Tan Lee Chew – Group Chief Commercial Officer-Market Development and President Smart City & Digital Solutions
Jeffrey Lam – Group Chief Operating Officer-Operations Excellence and President-Commercial Aerospace
Conference Call Participants
Shekhar Jaiswal – RHP
Louis Shaw – Citi
Karen Ng – JPMorgan-Hong Kong
Lorraine Tan – Morningstar
Operator
Good morning. Welcome to ST Engineering’s Full Year 2024 Results Briefing. We will begin with a presentation by our Group CFO, Cedric Foo. Our Group President and CEO, Vincent Chong will then give his remarks. After that, we will end today’s session with a Q&A for the analysts.
Without further ado, may I invite Cedric to give his presentation please.
Cedric Foo
Yes. Thank you. Welcome to ST Engineering’s full year 2024 results briefing. A very good morning to everyone here in-person as well as those joining us via webcast. Slide 2 please. Before I begin, I would like to bring your attention to Slide 2 which states, amongst others, that the Group’s actual performance, outcomes and results in the future may differ materially from those expressed in forward-looking statements.
Slide 3 please. This is our agenda for today. I’ll be covering Group highlights, business discussions, productivity, debt profile, contract wins and order book, investing for the future, dividends and outlook.
Slide 4 please. First, let’s take a look at group highlights. Slide 5. I’m pleased to report a very strong set of second half 2024 and full year 2024 results. First on the left for second half 2024, the Group achieved a solid year-on-year growth. 10% growth in revenue, 11% growth in EBITDA, 18% growth
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