Fagron Sa Ord (ARSUF) Q2 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Fagron Sa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.417 Good morning and welcome to FAGRAN's H1 2024 resource 00:00:05.417 -- 00:00:10.562 conference call hosted by Raphael Padilla, CEO, and Karen 00:00:10.562 -- 00:00:15.628 De Jong, CFO. Throughout today's recorded presentation, 00:00:15.628 -- 00:00:19.432 all participants will be in a listen-only mode. 00:00:19.432 -- 00:00:22.455 Later, we will conduct a question and answer session. 00:00:22.455 -- 00:00:27.908 If you wish to register for questions, please signal by pressing 00:00:27.908 -- 00:00:32.253 star one on your telephone keypad at any time. 00:00:32.253 -- 00:00:37.520 Post call, if you have any questions, please reach out to the investors relation 00:00:37.520 -- 00:00:43.307 email address that is investors at stagron.com. 00:00:43.307 -- 00:00:48.653 At this time, I'd like to hand the call over to Rafael Padilla, CEO. 00:00:48.653 -- 00:00:50.836 Please go ahead, sir. 00:00:50.836 -- 00:00:55.750 Thanks Francois, and good morning all. We're very happy to see the continuation of our 00:00:55.750 -- 00:01:00.795 strong performance as we achieve 12.8% organic growth at 00:01:00.795 -- 00:01:05.919 CER, with revenues increasing to 429 million euros for the first half 00:01:05.919 -- 00:01:11.104 of the year. This growth was driven by positive contributions by 00:01:11.104 -- 00:01:16.449 all regions, and particularly accelerated by the exceptional performance in compounding 00:01:16.449 -- 00:01:17.970 services. 00:01:17.970 -- 00:01:23.340 Our revenue margin increased by 30 basis points to 19.7%, 00:01:23.340 -- 00:01:24.942 reflecting 00:01:24.942 -- 00:01:30.709 synergies from acquisitions and benefits from operational excellence initiatives. 00:01:30.709 -- 00:01:35.735 As we look ahead, we're upgrading our full-year rev...