Compagnie de Saint-Gobain SA (XPAR:SGO)
€ 81.62 0.24 (0.29%) Market Cap: 40.98 Bil Enterprise Value: 47.93 Bil PE Ratio: 15.61 PB Ratio: 1.77 GF Score: 80/100

Half Year 2019 Compagnie de Saint Gobain SA Earnings Call Transcript

Jul 26, 2019 / 06:30AM GMT
Release Date Price: €36.6 (+3.74%)
Pierre;AndrÃ;de Chalendar
Compagnie de Saint-Gobain S.A. - Chairman & CEO

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So good morning, everybody. I'm very happy to present to you, together with Benoit and Sreedhar, our first half results. So I will make the introduction and the highlights. Sreedhar will go a little more into the details on the numbers. Benoit will update you on where we are on our Transform & Grow program, and I will come back for the wrap-up and the outlook.

So first of all, I want to say that there are, and you will see that in the presentation, a number of changes in this presentation. It's the first time that we report the numbers with our new organization. And Sreedhar will go that.

All our numbers are including the impact of IFRS 16, and we have changed our numbers in 2018 and '19, so everything is after IFRS. And third, you will see that our new CFO, listening to some input from you, has changed a few definitions. So there are a few definitions that we are using, and he will comment on them, which have changed from what we were doing before, based on your input.

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