Tarkett SA (FRA:1T9)
€ 10.45 0 (0%) Market Cap: 697.91 Mil Enterprise Value: 1.30 Bil PE Ratio: 19.76 PB Ratio: 0.77 GF Score: 70/100

Q4 2020 Tarkett SA Earnings Call Transcript

Feb 19, 2021 / 10:00AM GMT
Release Date Price: €15.05 (+0.33%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Tarkett Full Year 2020 Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today.

And now I would like to hand the conference over to your speaker today, Mr. Fabrice Barthélemy, CEO. Please go ahead.

Fabrice BarthÃ;lemy
Tarkett S.A. - Chairman of Management Board & CEO

© -

Good morning. This is Fabrice Barthélemy. I hope you are all in good health. This morning, I'm calling from our headquarter in La Défense, and I'm with -- on the call with Raphaël Bauer, our CFO, who will also share the presentation -- part of the presentation with you.

Let's turn to the highlights of 2020. First, I believe 2020 has shown that Tarkett in a way is COVID-proof, and we've demonstrated our business model resilience. You will see that in H2, we saw a sharp recovery, sequential recovery of our sales and revenues. We were very successful in implementing mitigation plans on costs and also in implementing our structural cost

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