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

Q3 2023 Wendel SE Trading Statement Call Transcript

Oct 27, 2023 / 01:00PM GMT

Release Date Price: €68.33 (-0.22%)

Transcript

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Q3 2023 trading update conference call and webcast. (Operator Instructions) You can also ask questions on the webcast. Olivier Allot, the Director of Financial Communication and Data Intelligence, will read them. I must advise you that this conference is being recorded today.

I would now like to hand the conference over to your speaker, Mr. Jerome Michiels, Wendel's Executive Vice President and Director of Wendel's Growth. Please go ahead, sir.

JÃ;rÃ;me Michiels

Wendel - Executive VP, Director of Wendel Growth & Head of Third Party Asset Management

©´ -

Thank you, and good afternoon, everyone. Thank you for joining this call on the Q3 2023 trading update. I am here today with Benoit Drillaud, our CFO; as well as Olivier Allot; and Lucile Roch from our IR team.

Moving to Slide #2, I would like to highlight the following: first, a solid set of consolidated sales at EUR 5.164 million, up 3.9% overall and 5.7% organically over the

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