Spie Sa Ord (SPIWF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the SPEEQ1 2025 revenue call hosted by Gautier Louet, Chairman and CEO, and Jérôme Vanhoef, Group CFO. Please note this conference is being recorded for the duration of the call. Your lines will be on listen only. However, you'll have the opportunity to ask questions after the presentation and this can be done by pressing star 1 on your telephone keypad to register your questions. If you require assistance at any point, please reach out to an operator. I will now hand you over to Mr. Gauthier Huet to begin today's conference. Thank you. Good morning, everyone. Thank you for joining us today for our Q1 results conference call. So SPI has made a serious start to the year with encouraging momentum across several of our key markets. And in the current volatile macro environment, the underlying trends driving our business remain very much intact. We are nearly 100% European service business with no direct exposure to the tariffs currently discussed. To begin, I would like to show a few recent contract examples that reflect this positive momentum. So in Germany, we're awarded three new contracts in Baden-Württemberg as part of Netze BV, grid extension program. These projects include one greenfield and two brownfield substations, including line connections, with completion expected by 2028. They are key to integrating renewable and ensuring a more stable electricity supply in the region. Once again, this illustrates our strong positioning in high-voltage infrastructure in Germany. In France, SPEICF has designed a new generation virtual campus for the ICAM Engineering School. It enables 4,500 students to connect to a digital workplace from any device with improved performance and accessibility. This platform combines Citrix, Nutanix, and NVIDIA technolog...