Half Year 2021 Dormakaba Holding AG Earnings Call Transcript
Ladies and gentlemen, welcome to the Half Year Results 2020/2021 of dormakaba Holding Conference Call and Live Webcast. I am Alice, the Chorus Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Mr. Riet Cadonau, Chairman and CEO of dormakaba. Please go ahead, sir.
Thank you very much. Good afternoon, ladies and gentlemen. Welcome to today's presentation on our half year results 2021. I will start the presentation with some overall comments on our results and business activities, followed by our CFO, Bernd Brinker, who will talk about the financials in more detail. Afterwards, we will answer your questions.
Our results have significantly improved compared to the second half of financial year '19/'20. Our strong focus on cash as well as benefits resulting from our cost savings and restructuring program, were key drivers for our ability to face the continued negative impact of the COVID-19
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