Q1 2023 SEB SA Corporate Sales Call Transcript
Hello, and welcome to the 2023 First Quarter Sales and Financial Data Call. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions). I will now hand over to your host, Stanislas de Gramont, Chief Executive Officer; and Nathalie Lomon, Senior Executive Vice President and CFO, to begin today's call. Thank you.
Thank you very much for this introduction. Without further ado, we'll get going. We'll cover today, it's a quarterly sales review. So we will cover, of course, Q1 sales highlights. We will look at our sales performance analysis with a glimpse on the FY net financial results. And then we will conclude with the outlook for 2023.
Starting for the sales highlights of the first quarter, our sales total performance declined by 3.7% like-for-like, 4.9% reported. And that graph highlights the very high level that we maintained for first quarter, we are close or very or slightly below the level we had in 2021, so it's a very strong first quarter and that
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