Carel Industries SpA (FRA:CIG)
€ 17.78 0 (0%) Market Cap: 2.18 Bil Enterprise Value: 2.28 Bil PE Ratio: 23.31 PB Ratio: 5.37 GF Score: 90/100
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Q3 2022 Carel Industries SpA Earnings Call Transcript

Nov 10, 2022 / 05:00PM GMT
Release Date Price: €20.84 (-2.29%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the CAREL Industries first nine months 2022 results conference call. (Operator Instructions)

I would like to turn the conference over to Mr. Francesco Nalini, CEO of CAREL Industries. Please go ahead, sir.

Francesco Nalini
CAREL Industries S.p.A. - CEO

Thank you. Good afternoon, everybody. And thanks for joining our call for the presentation of the nine months '22 results.

I'm starting from page 2 of the presentation with the main highlights. Results in this last quarter have been consistent with the excellent trend of organic growth reported in the last couple of years. In fact, it was the seventh consecutive quarter with a double-digit organic revenue growth.

On top of these achievements in organic results, we also accelerated our M&A activity with four deals completed in 2022, as well as our commitment to ESG as reflected also in our updated ratings that we will comment later on during the presentation.

So top-line

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