Half Year 2023 Spie SA Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Oscar Val Mas - JPMorgan Chase & Co, Research Division - Analyst : I have 2 questions. The first one on Germany. You've talked about high voltage ramping up in Q2, but organic is still at around 4%. Is there a case that Germany and specifically transmission can improve in the second half? Are there still ramp up of further contracts? That's the first question. And then the second question is on working capital levels. So at H1, it was kind of 5 days lower. What's the current thinking on the full year? Should we expect a similar amount of working capital days less in the full year?

Question: Oscar Val Mas - JPMorgan Chase & Co, Research Division - Analyst : Regarding working cap Jerome.

Question: Christophe Chaput - ODDO BHF Corporate & Markets, Research Division - Analyst : Just a quick one for me. Usually, you gave some metrics regarding the net debt to EBITDA at the year-end. I know that the visibility is probably, let's say, lower in H2, but is it possible to have your view at the end of 2023, even the kind of range on net debt to EBITDA would be very helpful.