May 10, 2023 / 06:00AM GMT
Taoufiq Boussaid - NV Bekaert SA - CFO
Good morning, everyone. Hope you're doing well. So thank you for joining this call. So you would have noticed that we have decided to organize the call to comment on our Q1 trading update. So we will be initiating this new process going forward.
So before going into the figures, I just wanted to share some headlines about the Q1 2023. And as far as we see 2023 has started well. So we see a good trading performance despite some anticipated mixed market conditions that we have already discussed some time ago. Again, the figures that we will be presenting are compared to Q1 2022. And you might remember that Q1 last year was a very strong quarter. So it's important to bear this in mind.
So we continue to demonstrate our commercial excellence in challenging markets, challenges in some specific geographies. The pricing continues to be quite strong. So we are maintaining our discipline in terms of pricing and margin preservation. More fundamentally, we continue to focus on the cost conversion, the working capital and the cash generation.
China,
Q1 2023 NV Bekaert SA Trading Statement Call Transcript
Mar 03, 2024
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