Q1 2023 Vicat SA Corporate Sales Call Transcript
Good day, and welcome to the Vicat Q1 Sales 2023 Conference Call. Today's call is being recorded. At this time, I would like to hand the call over to Hugues Chomel, Deputy CEO and CFO of Vicat Group. Please go ahead.
Good afternoon, ladies and gentlemen. I am Hugues Chomel, Deputy CEO and Chief Financial Officer of the Vicat Group. With me is Stéphane Bisseuil, our Investor Relations Director. I will be presenting to you on Q1 2023 sales figures. Before starting the presentation, please have a look at Slide 2 where you can read our disclaimer regarding the forward-looking statements that this presentation may contain. Let us begin with highlights of the period on Slide 3. Vicat's first quarter sales of close to EUR 900 million demonstrates the resilience of demand. The increase in consolidated sales was almost 20%, even when compared to a very good first quarter 2022 figures.
This marked progression was driven by significant increases in selling prices. Amid viable weather conditions,
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