2019 B&S Group SA Corporate Sales Call Transcript

Nov 04, 2019 / 08:30AM GMT
Release Date Price: €10.54 (-5.72%)
Operator

Hello, and welcome to the B&S Group Nine Months 2019 Trading Update. My name is Val, and I will be your coordinator for today's event.

(Operator Instructions) I will now hand you over to your host, Bert Meulman, CEO, to begin today's conference. Thank you.

J. Bert Meulman
B&S Group S.A. - CEO & Member of the Executive Board

Good morning, everybody. Here, Bert Meulman, the CEO of the B&S Group. With me also Gert Van Laar, our CFO; Peter Kruithof, our Finance Director; and Anke Bongers, our IR.

I will shortly take you through our highlights of the 9 months, and we published them this morning. And after that, of course, there is room to add some questions.

First 9 months, let's talk about the first 9 months, characterized by a top line growth of 17% at reported rates, of which 5.8% was organic. And in Q3, organic growth at reported rates was 4.3%. But when you look at constant currency organic turnover growth in the first 9 months, was 4%, which is in line with H1 results.

When you look at our segments. In

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot