Q4 2019 Tarkett SA Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Tarkett Full Year 2019 Results Conference Call. (Operator Instructions)
I must advise you that this conference is being recorded today, Friday, 14th of February 2020.
I would now like to hand the conference over to your first speaker today, Fabrice Barthélemy, the Tarkett CEO. Thank you. Please go ahead.
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Good morning, and welcome to this call about the Tarkett full year results 2019. I'm Fabrice Barthélemy, and I will share the call with our CFO, Raphaël Bauer.
Let me start with a few key figures about 2019. Despite the challenges we faced in the end of last year in North America, and we'll come back to those, we record positive organic growth of 0.7%. And overall, our sales grew 5.5% and reached EUR 3 billion threshold.
Our EBITDA increased slightly to EUR 250 million and the EBITDA margin before IFRS 16, reached 8.3%, so 50 basis points decline compared to 2018
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