Wendel SE (LTS:0HZD)
€ 92.975 0.4 (0.43%) Market Cap: 3.95 Bil Enterprise Value: 8.19 Bil PE Ratio: 8.35 PB Ratio: 1.22 GF Score: 73/100

Q1 2022 Wendel SE Trading Statement Call Transcript

Apr 28, 2022 / 01:00PM GMT
Release Date Price: €93.65 (+1.74%)
Operator

Good afternoon, ladies and gentlemen and thank you for standing by. Welcome to Wendel's 2022 Q1 Trading Update Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today. I would now like to hand the conference over to your speaker today, Mr. Jerome Michiels, Wendel Executive Vice President, CFO.

Jerome Michiels
Wendel - Executive VP, CFO, MD & Director of Operational Resources

Good afternoon, ladies and gentlemen. Jerome Michiels speaking. I am here with our Investor Relations team, Olivier Allot and Lucile Roch, to present our trading update for the first quarter of 2022.

I'm going to walk you through a short presentation of the main items of this quarter for the next 15 minutes or so, and I will be then happy to take your questions. (Operator Instructions) And as a reminder, this presentation is recorded and will be available for 1 year on our website.

So let's dive into Q1 2022 key highlights. Q1 has been strong for our portfolio companies, with consolidated sales up 14.9% and 9.9%

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