May 03, 2019 / 07:00AM GMT
Presentation
May 03, 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, and welcome to Uponor Corporation's First Quarter 2019 Result Briefing. My name is Jyri Luomakoski. I'm the President and CEO of Uponor; and with me today in the studio, Susanna Inkinen, our VP Corporate Communications, who will help with the Q&A session.
Couple of highlights of the first quarter. Our net sales were shy of EUR 249 million. This compared with the reporting number of last year of EUR 277-ish million is clearly down the biggest impact on the year-on-year changes is the divestitures we did in the second half of 2018.
Organic growth in constant currency terms. So we had actually some tailwinds with the FX translation, it was minus 2.2%. Operating profit was EUR 14.3 million versus the reported of EUR 17 million. But here, again the divestitures are relevant to be
Q1 2019 Uponor Oyj Earnings Presentation Transcript
Feb 15, 2024
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