ConvaTec Group PLC (LSE:CTEC)
£ 2.53 -0.008 (-0.32%) Market Cap: 5.19 Bil Enterprise Value: 6.14 Bil PE Ratio: 51.39 PB Ratio: 3.86 GF Score: 77/100
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Half Year 2021 ConvaTec Group PLC Earnings Call - Q&A Session Transcript

Jul 30, 2021 / 10:00AM GMT
Release Date Price: £2.37 (-8.07%)
Operator

Good day, and welcome to the ConvaTec results conference call. At this time, I'd like to turn the conference over to Karim Bitar, Chief Executive Officer. Please go ahead, sir.

Karim Bitar
ConvaTec Group Plc - CEO & Director

Good morning and welcome to everybody, and thank you very much for joining us. I hope you've all had a chance to view our presentation that was published this morning at 7:00 a.m.

What we'd like to do now, Frank and I, is just to provide you with a brief overview of how we've been performing both financially and strategically and then maybe jump right into questions.

Hopefully, you're able to see that we've had a strong financial performance in the first half of the year. In fact, we grew our organic revenue by 7.4% and our EBIT at Q1 has improved by 17%. So I think it's fair to say that top line grew well, bottom line grew well and we were highly cash generative and went ahead and invested in our business.

On the strategic side, I think we're very much on track in terms of executing our FISBE strategy, and

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