Oct 12, 2022 / 06:30AM GMT
Operator
My name is Natalie, and I'll be your coordinator for today's conference call. Please note that this call is being recorded. (Operator Instructions)
I will now hand over the call to Hugues Chomel, Deputy CEO and CFO, to begin today's conference call. Thank you.
Hugues Chomel - Vicat S.A. - CFO
Thank you, Natalie. Good morning, ladies and gentlemen. I am Hugues Chomel, Deputy CEO and Group CFO of Vicat Group. With me is Stéphane Bisseuil, Investors Relations Director. Thank you for attending this Q&A session that follows last night update of the Vicat Group 2022 outlook.
Before moving to questions, I would like to summarize a few elements. Two main factors have emerged in the recent weeks to support the review of our outlook for the full year of 2022. Brutal and there is significant increase in electricity prices in France and Switzerland at out based already strong selling prices increases. We've announced additional and very significant price increases in France and Switzerland to compensate the effect of this acceleration in inflation.
Vicat SA Updates FY2022 Outlook Call Transcript
Oct 12, 2022
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