Q3 2023 Mersen SA Corporate Sales Call Transcript
Ladies and gentlemen, welcome to the Mersen conference for the third quarter sales of the group presented by Luc Themelin, CEO; and Thomas Baumgartner, CFO. For your information, this meeting is being recorded. (Operator Instructions) I will now hand over to Luc Themelin. Thank you.
Hello, everyone, and welcome to our conference call. Let me start with a few highlights of the period. So we had a very good third quarter and record sales for the first 9 months of the year at EUR 110 million and organic growth of 15%. The SIC semiconductor and electric vehicle markets, which are the pillars of our 2027 plan performed particularly well in the SIC. Market sales nearly doubled to EUR 65 million over 9 months compared with the same period. As for sales of electric vehicles, growth was also strong, though at a lower level of EUR 17 million over 9 months. We see the process industries that continue to perform well for both divisions with double-digit growth. And so thanks to this good performance, we can confirm the targets
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