Tarkett SA (XPAR:TKTT)
€ 10.85 -0.2 (-1.81%) Market Cap: 711.02 Mil Enterprise Value: 1.32 Bil PE Ratio: 20.13 PB Ratio: 0.78 GF Score: 79/100

Q4 2020 Tarkett SA Earnings Call Transcript

Feb 19, 2021 / 10:00AM GMT
Release Date Price: €13.15 (-13.71%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Tarkett Full Year 2020 Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today.

And now I would like to hand the conference over to your speaker today, Mr. Fabrice Barthélemy, CEO. Please go ahead.

Fabrice BarthÃ;lemy
Tarkett S.A. - Chairman of Management Board & CEO

© -

Good morning. This is Fabrice Barthélemy. I hope you are all in good health. This morning, I'm calling from our headquarter in La Défense, and I'm with -- on the call with Raphaël Bauer, our CFO, who will also share the presentation -- part of the presentation with you.

Let's turn to the highlights of 2020. First, I believe 2020 has shown that Tarkett in a way is COVID-proof, and we've demonstrated our business model resilience. You will see that in H2, we saw a sharp recovery, sequential recovery of our sales and revenues. We were very successful in implementing mitigation plans on costs and also in implementing our structural cost

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