Abg Sundal Collier Asa (ABGSF) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to ABG Sundahl Collier's Q3 results presentation. Before we kick off the presentation, I would like to mention that we will usually 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 questions in turn. I would also like to mention that I'm joined by by CFO Geir Olsson. Before we dig deeper into the numbers, I'd like to start with some general comments about the quarter. That was a very special quarter for us indeed. We celebrated our 40th anniversary in September as a firm, and we did it with one of our strongest third quarters ever. In what usually is a seasonally slow quarter we were able to close one investment banking transaction every other day or well in fact actually several a day in September since it is in September everything happens from an investment banking perspective. This combined with the return to growth from our brokerage and research operations explains our strong performance in this particular quarter. But over time, I would like to once again emphasize the importance of our full product offering across products and sectors, providing a solid foundation for the success of our business. I will revert to this topic later on where I will share some reflections on where we are as a firm and what we are doing to elevate our position and relevance even further going forward. So let's look more at the numbers in detail. looking at our revenues we were able to grow top line in the quarter by 10 percent from 356 to 392 million knock resulting in a 12 percent top line growth the first nine months of this year compared to same period last year And on a rolling 12 months basis, we ended up at roughly 1.85 billion NOC compared to the 1.7 billion NOC we have be...