UBS Group AG (0R3T) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:01.793 Ladies 00:00:01.793 -- 00:00:04.053 and gentlemen, 00:00:14.708 -- 00:00:20.215 good morning. Welcome to the UBS first quarter 2025 results. 00:00:20.215 -- 00:00:23.679 The conference must not be recorded for publication or broadcast. 00:00:23.679 -- 00:00:28.280 You can register for questions at any time by pressing star and 1 on your telephone. 00:00:28.280 -- 00:00:32.084 Should you need operator assistance, please press star and zero. 00:00:32.084 -- 00:00:36.809 At this time, it's my pleasure to hand over to Sarah Mackey, UBS Investor Relations. 00:00:36.809 -- 00:00:39.529 Please go ahead, Madam. 00:00:39.692 -- 00:00:44.076 Good morning and welcome, everyone. Before we start, I would like to draw your attention 00:00:44.076 -- 00:00:48.540 to our cautionary statement slide at the back of today's results presentation. 00:00:48.540 -- 00:00:52.945 Please also refer to the risk factors included in our annual report together with additional 00:00:52.945 -- 00:00:56.377 disclosures in our SEC filings. 00:00:56.377 -- 00:00:59.382 On slide two, you can see our agenda for today. 00:00:59.382 -- 00:01:04.847 It's now my pleasure to hand over to Sergio Amotti, Group CEO. 00:01:05.411 -- 00:01:07.894 Thank you, Sarah, and good morning, everyone. 00:01:07.894 -- 00:01:13.062 Our strong results in the first quarter demonstrate once again our ability to deliver 00:01:13.062 -- 00:01:16.547 for stakeholders in different market conditions. 00:01:16.547 -- 00:01:21.956 The quarter was characterized by a substantial shift in investor sentiment and growth 00:01:21.956 -- 00:01:28.342 expectations. alongside periods of significant market volatility. 00:01:28.342 -- 00:01:33.349 This damped the positive seasonal effect we typically experience ...