Fagron Sa Ord

Good morning, ladies and gentlemen. Thank you for holding and welcome to the Vagron event call regarding Q3 results. At this moment, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. I would now like to hand over the conference to Vagron. Please go ahead.

Good morning and hello. My name is Karen Burke. Welcome to Vagron's Q3 trading update conference call. Today, Rafael Paella and Karen de Jong will guide you through the results of the third quarter of 2021. We refer to the presentation that can be downloaded at our website, investors.vagon.com. There will be an opportunity to ask questions after the presentation, but first I'd like to hand over to Rafael, who will start on the second slide of the presentation.

Thank you very much, Karen. Welcome all to the Q3 press release conference call. The turnover of the third quarter amounts to €142.4 million. That is a total growth of 5.4%, growth at constant exchange rate of 4.6%. Our organic growth amounts to 4.4% and 3.6%. For nine months, we are at €419 million. That is a total growth of 1.2%, total growth of 5.5% at constant exchange rate. When we look at the regions, EMEA amounts for 41.5%, followed by North America by 32.7%, and last but not least, Latin America at 25.9%. When we go to our product segments, essentials amount 48.3%, followed by compounding services at 31.8%. Our brands amount at 18.1%. And lastly, premium pharmaceuticals at 1.8%.