Half Year 2019 Veolia Environnement SA Earnings Call Transcript
Ladies and gentlemen, welcome to the Half Year 2019 Results Conference Call of Veolia. I now hand over to Antoine Frérot, CEO; Claude Laruelle, CFO; and Estelle Brachlianoff, COO.
Gentlemen, madame, please go ahead.
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Thank you. Good morning, everyone, and welcome to this presentation of Veolia's first semester 2019 results. I'm joined this morning by Estelle Brachlianoff, our COO; and by Claude Laruelle, our CFO.
I will start with the key highlights of the first half, then Claude will comment the detailed results. And finally, with Estelle and Claude, we will answer all your questions.
I begin on Slide 4. First half results are very solid. After a good first quarter of 2019, sales and profit growth have accelerated in Q2. Revenue, first, plus 5.5% in the first half, it was plus 4.8% in Q1 and plus 6.3% in Q2; at the EBITDA level, plus 5.4% in the first half, it was plus 3.8% in Q1 and plus 7.3% in Q2; current EBIT, plus 5.7% over the semester; and on
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