Half Year 2021 Bouygues SA Earnings Call Transcript
[Interpreted] Ladies and gentlemen, good morning. Great pleasure to welcome you this -- for this long-standing tradition of introducing our half year results. I'm all the happier to make this presentation that the results are very good.
This morning, the results will be commented by Olivier Roussat, who is CEO of our group; and Pascal Grange, who is in charge of Finance, in particular. They will then take your questions at the end of the presentation alongside the CEOs of our 5 business sectors who were all here this morning.
As you will discover this morning, the group has achieved excellent results, which demonstrate the group's resilience in an environment that is unfortunately still impacted by the pandemic. The sales and earnings are up sharply by comparison with the first half of 2020, which in turn was hit by the restrictive effects of the pandemic. The good news is that results are back to their precrisis level.
That said, the group's financial structure is very robust with a record level of liquidity and net debt at
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