Half Year 2021 Georg Fischer AG Earnings Call Transcript
Ladies and gentlemen, welcome to the Georg Fischer Mid-Year Results 2021 Conference Call and Live Webcast. I am Paolo, the Chorus Call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) At this time, it's my pleasure to hand over to Andreas Müller, CEO; and Mads Joergensen, CFO. Please go ahead, gentlemen.
Welcome, and thank you for joining our half year results conference call. Present on our side are: CFO, Mads Joergensen; Head of Investors Relations and Sustainability, Daniel Bösiger; Head of Corporate Communications, Beat Römer; and myself, Andreas Müller.
Slide 2. In the first semester of 2021, GF has recorded a strong performance and was able to accelerate growth. Most of GF's key markets recovered amidst the ongoing COVID-19 pandemic and the challenging macroeconomic environment. Sales strongly increased by 20% organically compared with the first half of 2020 and came in at CHF 1.835 billion. All three divisions
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