Aberdeen Group Plc (ABDN) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for coming. Lovely to see you all. Welcome to our presentation. Today, I'm joined by Ian Jenkins, interim CFO, and on the front row are all the members of my senior leadership team. So before I start, just one change that you will no doubt have noticed this morning, that we are changing the name to Aberdeen Group PLC with the name written out in full. For me, this was a pragmatic and simple decision, allowing us simply to demonstrate our pride in the name and the brand Aberdeen and make the most of it in the marketplace. And we also have the name Interactive Investor. So we've got two principal brands, and that's how we will be outmarking ourselves and going forward this year. So enough on that. I'll now just turn to the presentation. So I'll start with the key points, then I'll hand over to Ian, of course, to take us through a little bit more detail on the 24 results. I'll then give you an update on our strategy and targets and the path forward for the group. And of course, then we're up to Q&A. Let me start just with the highlights and the overview of the strategy at the highest level. Well, how do I see Aberdeen? It's as a wealth and investments group, and that's how we're going to describe ourselves. The wealth business, of course, is Interactive Investor and Aberdeen Advisor, both of which operate in the UK with excellent customer experience built on efficient technology at the heart of their success. Aberdeen Investments operates internationally, and in a competitive and rapidly changing industry, we need to act with pace and with clarity to be successful. When I started at Aberdeen, I knew we had to reverse the decline in performance. And as CEO, I have been able to get to grips with the business, and I'm happy to say that we ...