Q1 2022 Wendel SE Trading Statement Call Transcript
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.
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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