Abg Sundal Collier Asa (ABGSF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, good morning all and a warm welcome to ABG Sundahl Collier's Q2 results presentation. Before we kick off the presentation, I would like to mention as usually that we will have a Q&A session after the presentation. And should you want to raise a question, please use the Q&A function in Teams. and we will answer all your questions in turn. I have met several investors during the spring who have made me realize that there is room for improvement in terms of our communication about who we are and what we do further to improve our business and firm to become the Nordic Investment Bank of choice. The investment bank of choice for clients talent and investors. What ABG is today is quite different from a few years ago. We are way less dependent on any single product, such as IPOs, for instance, compared to, let's say, 10 years ago. We have strengthened our positions in all relevant product areas within investment banking, debt, equities, M&A and advisory. And we have just launched our biggest initiative for decades, private banking, as well as an alternative investment fund. While it will take some time before these new business initiatives will make a meaningful contribution to our revenues, they will further diversify our revenue base and contribute to improved profitability. We will continue to work relentlessly to gain market shares in our core areas by working smarter and not least by implementing new technology and leveraging our nimble and agile organization and by making better use of our internal resources. But we will also add resources in terms of number of FTEs, not least business generating senior partners within our firm. That is by using our key assets, people and technology, and by communicating more clearly what we do and building our brand awareness, ...