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Q2 2021 TCM Group A/S Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the TCM Group Interim Q2 2021 Report Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)
I would now like to hand the conference over to speaker today, your CEO, Torben Paulin. Please go ahead.
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Thank you very much. Good morning, ladies and gentlemen, and welcome to the presentation of the Q2 results for TCM Group. Presenters today are our CFO, Mogens Elbrønd Pedersen; and myself, CEO, Torben Paulin. We will comment on the business and the financial results, after which, we will hand over to the operator for the Q&A session.
Let us start the presentation and turn to Page 2 for the business update. We are satisfied with the strong revenue growth in Q2 with organic growth of 14%. Revenue increased by 11.7%, which included a technical impact from the divestment of the Svane store in Copenhagen. The growth was driven by all 4 brands, with the highest
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