Q1 2020 Vicat SA Corporate Sales Call Transcript

May 06, 2020 / 01:00PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Vicat First Quarter 2020 Sales Call. Please note that today's conference is being recorded.

At this time, I'd like to turn the conference over to Mr. Hugues Chomel, Chief Financial Officer. Please go ahead.

Hugues Chomel - Vicat SA - CFO

Good afternoon, ladies and gentlemen. I am Hugues Chomel, Chief Financial Officer of the Vicat Group. With me today is Stéphane Bisseuil, our Investment Relations Director. I will be presenting to you our 2020 first quarter sales figures.

Before starting the presentation, please have a look at Slide 2 where you can read our disclaimer regarding forward-looking statements that this presentation may contain.

Let us now move to Slide 3 to the key points at the end of March 2020. The group's performance over the first quarter 2020 was solid, despite a sharp slowdown at the end of the period in March -- in France, India and Italy. Consolidated sales came to EUR 615 million, up 2.6% in the first 3 months of the year and was stable at constant scope and

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