Galenica Ltd (OTCPK:GALNF)

$ 75.25 0 (0%) Market Cap: 4.33 Bil Enterprise Value: 4.53 Bil PE Ratio: 21.13 PB Ratio: 2.66 GF Score: 85/100

Half Year 2019 Galenica AG Earnings Call Transcript

Aug 06, 2019 / 12:00PM GMT

Transcript

Operator

Dear, ladies and gentlemen, welcome to the conference call of Galenica Group. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Felix Burkhard, who will start the meeting today. Please go ahead, sir.

Felix Burkhard

Galenica AG - CFO & Head of IR

Ladies and gentlemen, good afternoon. I cordially welcome you to the telephone conference on Galenica's Half Year Results 2019.

In the first part, we'll present you the highlights and the key figures. After that, we'll be happy to answer your questions. By we, I mean our CEO, Jean-Claude ClÃ©menÃ§on, and myself, Felix Burkhard, the CFO. With that, I hand over to Jean-Claude.

Jean;Claude ClÃ;menÃ;on

Galenica AG - CEO

©§ -

Thank you, Felix. Ladies and gentlemen, good afternoon. A warm welcome also from my side.

In the first half of 2019, we clearly improved both our results and our efficiency. On a like-for-like basis, net sales grew by 2.2%, a

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