SEB SA (WBO:SEBS)
€ 96.25 0.3 (0.31%) Market Cap: 5.24 Bil Enterprise Value: 7.66 Bil PE Ratio: 12.92 PB Ratio: 1.68 GF Score: 80/100

Preliminary 2022 SEB SA Corporate Sales Call Transcript

Jan 30, 2023 / 04:40PM GMT
Release Date Price: €93.35
Operator

Good day everyone and welcome to today's SEB 2022 Sales. Today's call is recorded. At this time, I would like to turn the call over to Stanislas de Gramont. Please go ahead.

Stanislas de Gramont
SEB SA - CEO & Member of Management Board

Yes. Good afternoon, ladies and gentlemen. Welcome to this presentation of 2022 provisional sales results. We'll be taking you through this presentation with our Chief Financial Officer, Nathalie Lomon. Right, without further ado I'll start, we are on slide -- no before, you're going too fast. We'll covered 2022 at a glance, what happens, the highlights, the review by geography and then some conclusions for the year.

Starting with 2022, our full year sales totaled at EUR 7.960 billion, that is 1.2% negative versus year ago and reported minus 4.7% like-for-like. To be noted that this performance is 8.2% above 2019. You will reckon that we see 2019 as the last, let's call it, regular year and we keep tracking our activities on that. Our fourth quarter sales performed at minus 3.6% reported and minus 5.6% like-for

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