Half Year 2020 Nexity SA Earnings Call Transcript
Good day and welcome to the Nexity H1 2020 Results Conference Call. For your information, this conference is being recorded.
At this time, I would like to turn the conference over to Mr. Julien Carmona, Deputy CEO. Please go ahead, sir. Your line is open.
Thank you and good afternoon. I'm happy to be with you, although virtually, together with Eric Lalechère, Nexity's CFO; and the Investor Relations team to report on a very challenging H1 '20. These are certainly not the best numbers ever published by Nexity, but, by and large, they confirm our ability to absorb shocks and the resilience as well as the medium-term growth potential of our business model.
Let's start on Page 3 with a quick overview of our financial performance. Nexity's revenue totaled EUR 1,716 million, down 7% from H1 2019. The EBITDA reaching EUR 163 million, down 28%, giving an EBITDA margin of 9.5% versus 12.3% in H1 '19, minus 280 bps. Operating
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