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Q1 2021 Interpump Group SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Interpump First Quarter 2021 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Luca Mirabelli, Head of Investor Relations of Interpump. Please go ahead, sir.
Thank you. Good afternoon to everyone on the line. Thank you for dialing in and for dedicating your time and attention to Interpump. Today, we are here to briefly comment on the results for Q1 2021. As usual, in the company of Fabio Marasi, Executive Board member; and with the precious support of our CFO, Carlo Banci.
Today's set of numbers is very reassuring, to say the least, with some amazing aspects. Let's start, of course, from the top line. Sales for the quarter registered an organic increase of 11.6% compared to 1 year ago. If you allow me a bit of approximation, this means that, that organic business is dropping back to the same levels of the beginning of 2019. Foreign
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