Aktia Pankki Oyj (0QF8) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Aktia's Q1 results briefing. My name is Oskar Taimitarha. I'm head of Aktia's investor relations, and I will be moderator for this event. Earlier this morning, we published our Q1 interim report. Even in this turbulent market environment, Aktia's results were once again stable. A major focus during Q1 was, of course, the implementation of the new strategy we launched in February. Akties CEO Aleksi Lehtonen and CFO Sakari Järvelä will soon go through the results. And after the presentations, we're happy to answer your questions. If you're following us online, please feel free to write your questions in the comments field. Well, let's move on. Aleksi, the stage is yours. Thank you, Oskar, and welcome on my behalf as well. For all of us who actively follow the markets, this year has so far been an interesting one, to say the least. News affecting the economy, both global and local, is coming thick and fast. In this environment, it's an advantage to be an institution with 200-year history and a related perspective and with an eye on the future of long-term value creation. Today, I will present yet another stable quarter in which Aktia launched an updated strategy with new long-term financial targets. Even in this turbulent market environment, it gives us a clear direction in everything we do for our customers, shareholders and society at large. I'll give an overview of the quarter and our CFO, Sakari Järvelä, will then delve deeper into the figures. Let us have a look at the Q1 highlights. First of all, Aktia's comparable operating profit, which amounted to 28.7 million euros, was in line with the previous quarter, actually even a little bit stronger. Compared to Q1 2024, the comparable operating profit was lower as the net interest...