Jul 26, 2019 / 07:00AM GMT
Presentation
Jul 26, 2019 / 07:00AM GMT
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Corporate Participants
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* Jyri Luomakoski
Uponor Oyj - President, CEO & MD
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Jyri Luomakoski - Uponor Oyj - President, CEO & MD
Good morning from sunny Helsinki. This is Uponor's Half Year Result Briefing 2019. My name is Jyri Luomakoski. I'm the President and CEO of Uponor, and with me in the studio is Susanna Inkinen, our VP, Corporate Communications. She will be helping us with the Q&A session. (Operator Instructions)
A couple of highlights of the second quarter of this year. Net sales, EUR 292.6 million, so this is compared with the numbers of last year. Excluding the divested businesses, slightly more, but there were also tailwinds from currency. So organically, we are talking about a negative 0.5% in constant currency terms.
Operating profit, EUR 25.3 million versus the reported EUR 28 million. But considering that we divested Uponor Infra North America and Zent-Frenger, the growth organically was 12.4%. So flat top
Q2 2019 Uponor Oyj Earnings Presentation Transcript
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