Q1 2023 Orange SA Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to Orange's First Quarter 2023 Results Conference Call. The call will be hosted by Ms. Christel Heydemann, CEO; and Mr. Jean-Michel Thibaud, Interim Executive Vice President, Finance, Performance and Development, with other members of Orange's Executive Committee for the Q&A session that will start after the presentation. Today's conference is being recorded.
Thank you, and let me hand over to Ms. Christel Heydemann.
Thank you. Good morning, everyone, and welcome to our Q1 '23 results presentation that I will comment this morning, together with Jean-Michel Thibaud, our interim CFO.
Let's start with Slide 4, which presents the key highlights of the quarter. First of all, I would like to highlight that our value strategy is well on track with 2022 price increases bearing fruit and new price moves in Q1, which will fuel retail growth in the coming quarters.
Regarding Spain, convergent ARPO growth continued to drive retail
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