Admiral Group plc (ADM) Q2 2023 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.319 Good. Welcome. Welcome everybody to the half-year presentation 00:00:05.319 -- 00:00:08.221 of Admiral H1 2023. 00:00:10.708 -- 00:00:15.455 Very pleased to say that despite the challenging market condition, we deliver another 00:00:15.455 -- 00:00:21.084 period of solid performance, great service to our customer, to more customers, 00:00:21.084 -- 00:00:26.778 and good outcome for our shareholders as well, despite the high inflationary environment. 00:00:26.778 -- 00:00:32.082 So thank you for joining us. As usual, I will start with the key highlights. 00:00:32.105 -- 00:00:35.429 Geraint will follow up with more detail on our key financial metrics. 00:00:35.429 -- 00:00:40.415 Cristina will explain us how we navigated this extreme cycle and will provide more detail 00:00:40.415 -- 00:00:45.502 on household and market trends. Constantino will tell us how we strengthened our 00:00:45.502 -- 00:00:50.568 position overseas. And then I will come back to share some 00:00:50.568 -- 00:00:54.951 exciting progress on our lending business and our strategy. 00:00:55.374 -- 00:00:57.374 So... 00:00:58.047 -- 00:01:02.973 Well, these are pictures from top 10. This is our most iconic event in which we celebrate 00:01:02.973 -- 00:01:08.059 our colleagues that go above and beyond for our customer 00:01:08.059 -- 00:01:13.366 and our shareholders. So let me start by thanking those that were really behind the 00:01:13.366 -- 00:01:16.069 achievements that we are about to present. 00:01:16.069 -- 00:01:18.472 Speaking of which, 00:01:18.472 -- 00:01:21.496 in the last year, our turnover grew by more than 20%. 00:01:21.496 -- 00:01:27.275 This was mainly driven by price increase to respond to the high inflation. 00:01:27.275 -- 00:01:31.844 Our cus...