Gauthier Louette, Chairman & CEO, commented:
“SPIE delivered a record-breaking organic growth for the second quarter in a row. The EBITA increased further compared to Q1 2022 illustrating our ability to enhance our margins despite the inflationary context. This strong performance confirms once again the solid dynamic of our markets, driven by the growing customers’ needs for energy savings, electrification and decarbonation solutions. It further demonstrates SPIE's unique strategic edge as a key enabler of the energy transition. This very good performance in the first quarter reinforces our confidence for 2023”.

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<sub>1. Adjusted for the amortisation of allocated goodwill and exceptional items
2. Including UK activities consolidated for 12 months in 2022</sub>