Q1 2023 SIG Group

Price increases
recovering cost
inflation.

Margin slightly above Q1
2022 despite dilution
from price increases
and acquisitions
Significant margin
improvement vs. Q4
2022.

Strong start to the year with pricing effects
accelerating.

Price increases reflect high level of cost increases
in 2022 and cost inflation in 2023.

• Pricing increases ahead of cost
curve: recovering cost inflation.