Q2 2020 Tarkett SA Earnings Call Transcript
Ladies and gentlemen, thank you for standing by and welcome to the Tarkett H1 Results 2020 Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today.
And I would now like to hand the conference over to your host, Fabrice Barthélemy, Chief Executive Officer. Please go ahead, sir.
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Good morning. This is Fabrice Barthélemy speaking, and thank you for joining this H1 call. First, I'd like to wish and hope that you and your families are doing well, especially during what is an unprecedented period since March this year. Today, I will lead this call with Raphaël Bauer, our CFO. But let me get directly into target results for the first semester.
In H1, our revenues declined by 12.4%, but we saw our EBITDA margin only erode by 40 basis points in H1 at 8.6% of sales. So we will show to you this morning what's happened to our business and how we've managed this crisis. Of course, most of the impact on activity in
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