Tarkett SA (XPAR:TKTT)
€ 10.55 -0.4 (-3.65%) Market Cap: 691.36 Mil Enterprise Value: 1.30 Bil PE Ratio: 20.13 PB Ratio: 0.78 GF Score: 79/100

Q2 2021 Tarkett SA Earnings Call Transcript

Jul 30, 2021 / 09:00AM GMT
Release Date Price: €20.35 (+0.99%)
Operator

Good day and thank you for standing by. Welcome to the Tarkett Half Year Results 2021. (Operator Instructions)

I would now like to hand over the call to your first speaker today, Mr. Fabrice Barthélemy. Thank you, please go ahead.

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

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Good morning, and thank you for joining our H1 Results Call. I'm Fabrice Barthélemy, I'm CEO of Tarkett. And this morning, I will share the call with Raphaël Bauer, our CFO.

Before we get into the Q2 and H1 numbers, I'd like to say a word on the results of the simplified tender offer that was launched by Tarkett participation on Tarkett shares. The offer is closed since the 9th of July. Following some further share purchases last week, the holding company owned by Deconinck family and by Wendel, now owns 88.7% of the share capital and 87.8% of the voting rights of Tarkett.

Moving on to our H1 results, on Slide 2, you see that our Q2 sales showed a strong rebound compared to Q2 2020 with an organic growth of 16%.

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