Q3 2021 Mersen SA Corporate Sales Call Transcript
Welcome. You have joined the conference call of Mersen Group's third quarter sales. So we'll be hearing from Luc Themelin and Thomas Baumgartner.
And this is Luc Themelin. So I would like to make a few general comments before handing over to Thomas. So our reported growth in Q3 was up by 12% compared to 2020, which brings us close to 2019 level. So EUR 234 million in 2019, EUR 233 million this quarter. Over the first 9 months of the year, our growth markets in solar, semiconductors, electric vehicles have outperformed once again, demonstrating the relevance of our positioning.
So because of this good performance and a favorable product mix, we are revising our guidance upwards for the full year. We are now aiming for the top of the range announced on July 8 for organic growth, so between 6% and 8%; and a slightly higher level for current operating margin, previously between 9.2% and 9.6%. On the investment side, we are following the dynamics of our growth markets, and therefore, expect to be at the top of
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