H1 2021 Results and Outlook
H2 2021 OUTLOOK
High Performance Solutions: continued sequential improvement in industrial markets, excluding
automotive in Europe. Businesses related to customer investment should rally steadily, although
are expected to remain down on the good level recorded in 2018
Europe: continued outperformance in construction led by renovation and support from stimulus
programs, albeit with a high comparison basis for the summer months and in December, when
trade professionals are expected to take more holiday than in 2020
■ Americas: market growth, particularly residential construction, in both North and Latin America
■ Asia-Pacific: market growth with continued good momentum in China, ongoing uncertainty in
India and significant health-related disruptions in South-East Asia
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H1 2021 RESULTS AND OUTLOOK
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