Q1 2021 Compagnie de Saint Gobain SA Corporate Sales Call Transcript
Good evening, everybody. I hope that you have had the time to receive and look at our press release and to go through the highlights. Let me sum up our first quarter sales performance.
So our consolidated sales for the first quarter were EUR 10.379 billion, which means that we had a record organic growth in the quarter, with like-for-like sales up 14.3% compared to Q1 2020. As we started to see the first impact of the coronavirus pandemic, especially in the second half of March 2020, it is also worth looking at the growth compared to Q1 2019, and we report a very strong growth on this basis, with like-for-like sales up 9%. These figures demonstrate how our comprehensive solutions for sustainability and performance allowed us to capitalize on the good dynamics seen in our markets, especially renovation in Europe and construction in the Americas and in Asia Pacific. I now hand over to Sreedhar, who will give you additional information about this first quarter sales, including by segment.
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