Q1 2023 Edenred SE Corporate Sales Call Transcript
Hello, and welcome for the Edenred Q1 2023 revenue conference call. Please note, this call is being recorded. (Operator Instructions) I will now hand you over to Julien Tanguy, CFO, to begin today's conference. Please go ahead.
Well, good morning. Welcome to the Edenred Q1 2022-'23 revenue presentation. I'm very happy to be with you this morning.
As always, I will start with the executive summary on Page 2. We share a great set of figures. So leveraging its platform advantage and its leadership positions, Edenred confirms the strong 2022 momentum with an excellent start to the year. Total revenue amounted to EUR 557 million, up 26.8% as reported and plus 25.7% like-for-like. Operating revenue amounted to EUR 519 million, up 21.8% as reported and plus 20.4% like-for-like versus Q1 last year. The double-digit like-for-like growth is well balanced across all business lines and geographies. And other revenue nearly tripled to EUR 38 million, thanks to strong business momentum and increasing interest rates.
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