Mapfre, S.A. (MPFRF) Q1 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:01.364 -- 00:00:06.354 Good afternoon and welcome to MOPFRI's activity update for the first quarter of 2025. 00:00:06.354 -- 00:00:09.840 This is Leandra Clark, head of investor relations. 00:00:09.840 -- 00:00:15.010 Thank you for joining us today. We have here with us Jose Manuel Enchausti, first vice 00:00:15.010 -- 00:00:19.298 president of MOPFRI, who will make a few opening remarks and will give an overview of 00:00:19.298 -- 00:00:24.309 recent business trends. Later, Jose Luis Jimenez, the group's CFO, 00:00:24.309 -- 00:00:29.060 will comment on the main financials, and Felipe Navarro, deputy general manager of the 00:00:29.060 -- 00:00:34.572 finance area, will walk us through the balance sheet and 2024 embedded value figures, 00:00:34.572 -- 00:00:37.358 which were also released this morning on our website. 00:00:37.358 -- 00:00:41.708 Just as a reminder, this information is prepared under the local accounting policies 00:00:41.708 -- 00:00:46.739 applicable in each country. You can use the Ask a Question link at any point during 00:00:46.739 -- 00:00:50.167 the call, and we will open up the Q&A at the end of the presentation. 00:00:50.167 -- 00:00:53.896 I will now hand the floor over to José Manuel Enchausti. 00:00:53.896 -- 00:00:56.960 Thank you, Leandra. Good afternoon, everyone. 00:00:56.960 -- 00:00:59.544 Thank you for your time today. 00:00:59.544 -- 00:01:04.631 Let me share some of the highlights of the quarter before José Luis and Felipe 00:01:04.631 -- 00:01:09.758 walk you through the details. Last year was a record year for MAFRE 00:01:09.758 -- 00:01:15.106 and I'm happy to announce we have started 2025 in an excellent position 00:01:15.106 -- 00:01:20.573 with the first quarter figures in line with the updated targets we annou...