Q1 2019 Compagnie de Saint Gobain SA Corporate Sales Call Transcript
Ladies and gentlemen, welcome to the Saint-Gobain conference call. I now hand over to Pierre-André de Chalendar, Chairman and CEO. Sir, please go ahead.
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Good morning, everybody. I hope that you have had time to review our press release and that you have been able to go through the highlights of our first quarter sales.
Let me first sum up in a very few words our performance. So you have seen that our organic growth is at 5.7%, coming both from prices at plus 2.6% and volume at plus 3.1%. So we clearly started the year off well with good sales trends. This was aided by supportive markets and an easier comparison basis given the harsh winter weather we saw in Q1 last year in Europe. We once again demonstrated our ability to increase prices in an environment where we continue to see inflation in raw materials and energy, but a bit less so than in 2018.
And Sreedhar is now going to give you additional information, including our new
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