SEB SA (FRA:GRB)

€ 111.1 -0.1 (-0.09%) Market Cap: 6.03 Bil Enterprise Value: 7.79 Bil PE Ratio: 16.27 PB Ratio: 1.95 GF Score: 88/100

Half Year 2020 SEB SA Earnings Call Transcript

Jul 23, 2020 / 08:00AM GMT

Release Date Price: €134 (+1.52%)

Transcript

Thierry de La Tour d;Artaise

SEB SA - Chairman & CEO

' -

[Interpreted] Ladies and gentlemen, good day, and welcome to this presentation of our first half yearly results in 2020 for our group. We are meeting in our headquarters, and we will not be able to see you, but you will hear us.

As usual, I will be presenting the results with Stanislas De Gramont, who's the Chief Operating Officer and who you all know well, as well as Nathalie Lomon, who is Senior Executive VP in charge of Finance, who is also CFO. I'm going to first give first portion as an introduction on the important factors in this first half year. We will then have a look at the activity and the figures of the first half year 2020. We'll talk about the forecast as well. And we will then, obviously, answer any questions you may wish to ask.

In regards of introduction, first of all, the key figures, and perhaps a few other factors. You can -- as you can see, sales stood at EUR 2.670 billion, down 12.6%, with the first comment -- in the first quarter at minus 16%. 0.5% in the second half year with minus 8.4%

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