Half Year 2020 Compagnie de Saint Gobain SA Earnings Call Transcript
© -
Good morning, everybody. I'm very happy to welcome you in our new auditorium, which is, I think it is the first time we are using it. And I hope -- it can accommodate more people than are present today, but with the progressive improvement of the situation, I hope it will be the case in the future.
So we are going to present with Benoit Bazin, our COO; and N. Sreedhar, our CFO, the results for the first half of 2020 and the outlook. I will give you a few highlights, then Benoit will explain to you how we have managed through this crisis. Sreedhar will give more details on the results, and I will come back on the outlook.
So you have seen in our press release our main -- the main figures for the first half. So our sales are down 18.1% in actual terms and 12.3% on a like-for-like basis at EUR 17.8 billion. The operating income is halved, minus 49.2% on a like-for-like basis with a 290 basis point base in our operating margin. The EBITDA is decreasing less, 32%, with a 2-point
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
