Q4 2022 U Blox Holding AG Earnings Call Transcript
So, good afternoon. Good morning, ladies and gentlemen. I welcome you to the u-blox 2022 results press conference. We have about 25 participants in the room and approximately 50 on the conference call. We will answer questions at the end of the presentation. If you are in the call, please post your questions in the chat
2022 was a remarkable year for u-blox. The u-blox team with Thomas Seiler, as CEO, achieved an outstanding result. For the full year, we reported record revenue and profitability. Our shareholders benefit from this as we pay a record dividend and invest into our future growth at the same time.
We are successful in our target applications and regional markets. We made use of the tight supply situation to optimize our product mix, ramp cost, optimized products faster, and re-discuss business, which did not meet the margin expectations with our customers. We closed the year with a well-filled orderbook for 2023, which is a good starting point for me as CEO.
Before we continue, I would like to take the opportunity to thank
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