The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Oscar Val Mas - JPMorgan Chase & Co, Research Division - Analyst
: I have 3 questions. The first one is on Oil & Gas. Could you -- you talked about a good order intake in Qatar and other regions. Could you quantify
how significant that is for that division? That's the first question.
The second question is going back on labor and wage inflation, I think in the past, you talked about having secured around 3% for the full year this
year. How should we think about that between H1 and H2? And is that still the valid level?
And then the final question is, if you think about the EU Green deal that's been talked about for a few years is coming through with new contracts.
Have you started to see new contracts benefiting from the EU Green deal? Or is that still something to come over the next couple of quarters?
Question: Peter Testa - One Investments S.A.G.L. - Analyst
: I just had a couple of questions, please. One is just wonder if you could give a sense on recruitment overall and headcount recruitment that you've
seen in H1 and the extent to which the organic recruitment is different in different countries, if there's any comment, I'll go one at a time.
Question: Peter Testa - One Investments S.A.G.L. - Analyst
: Yes. Okay. And then there were some comment or expectation after the market consolidation that happened last year that the competitive pricing
environment might improve in terms of discipline in some of they, say, French and Benelux markets. And I was wondering if you had any comment
on whether that was actually going on? And then whether there's any view on the German operation of [Ogi]?
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JULY 29, 2022 / 7:00AM, SPIE.PA - Half Year 2022 Spie SA Earnings Call
Question: Peter Testa - One Investments S.A.G.L. - Analyst
: No, no, please. Please. Okay.
Question: Peter Testa - One Investments S.A.G.L. - Analyst
: Right. Okay. And then just a question on the debt comment for the year-end at 1.8x leverage more or less. 2 parts. Is that assuming the same working
capital days at the end of the year? And secondly, does that basically include I presume only settled M&A at that point rather than anything that
might settle in the following year.
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