Q3 2019 Compagnie de Saint Gobain SA Corporate Sales Call Transcript
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Good evening, everybody. I hope that you have received our press release and that you have been able to go through the highlights of our third quarter sales.
Let me first sum up, in a few words, our performance. The consolidated sales for the first 9 months were EUR 32.471 billion, up 4.3%, including a positive group structure impact of plus 0.2% and a positive currency impact of plus 0.7%. Organic growth for the first 9 months was plus 3.4%, with volumes up 1.4% and pricing up plus 2% in a less inflationary environment for raw material and energy costs.
As we said at the end of July, the macroeconomic backdrop is becoming less supportive overall. However, given our market positioning and the benefits coming from our transformation program, from what I see today, I'm confident we will deliver on our targets.
And I now hand over to Sreedhar, who will give you additional information, including by segments.
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