Universal Music Group NV (WBO:UMG)
€ 23.85 0.52 (2.23%) Market Cap: 43.37 Bil Enterprise Value: 46.51 Bil PE Ratio: 28.57 PB Ratio: 12.65 GF Score: 63/100

Full Year 2022 Universal Music Group NV Earnings Call Transcript

Mar 02, 2023 / 05:15PM GMT
Release Date Price: €22.46
Operator

Good evening, and welcome to Universal Music Group's Fourth Quarter and Fiscal Year Earnings Call for the period ended December 31, 2022. My name is Nadia, and I'll be your conference operator today. Your speakers for today's call will be Sir Lucian Grainge, Chairman and CEO of Universal Music Group; and Boyd Muir, Executive Vice President, CFO and President of Operations. They will be joined during Q&A by Michael Nash, UMG's Executive Vice President and Chief Digital Officer. (Operator Instructions)

Please let me remind you that management's commentary and responses to questions on today's call may include forward-looking statements. These statements may vary in a material way. For a discussion of some of the factors that could cause actual results to differ from expected results. Please see the Risk Factors section of UMG's 2021 annual report, which made audit website. I mean that management's commentary will also refer to non-IFRS measures on today's call. Reconciliations are available in the press release on the Investor Relations page of UMG's website. A supplemental historical revenue of

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