Full Year 2022 SEB SA Earnings Call Transcript
Ladies and gentlemen, thank you for being with us to attend the presentation of Groupe SEB's 2022 Full-Year result. I will be taking you through those results together with Nathalie Lomon, our Chief Financial Officer. And I will be following the current agenda, which is we will look at as an interaction, what is the group strategy and how it's going. Then we look at the key operational highlights for 2022, the key ESG highlights, then we look at financials and we will finish with an outlook to 2023 and beyond.
Right, as way of introduction, a reminder of our key figures that were published yesterday in our press release, sales are close to EUR 8 billion, minus 4.7% like-for-like, of EUR 620 million for the full year lending and operating margin 7.8% and adjusting EBITDA -- adjusted EBITDA of EUR 874 million, minus 16% year-on-year and net profit at EUR 316 million. CapEx stood at EUR 345 million, 4.3% of sales. We landed our inventories at EUR 1.682 billion, 21% of sales. Our net financial debt stands at EUR 1.973 billion, giving
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