Q3 2024 Storebrand ASA Earnings Call Transcript

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Oct 23, 2024

Oct 23, 2024 / 08:00AM GMT
Johannes Narum - Storebrand ASA - Head of Investor Relations

Good morning, ladies and gentlemen, and welcome to Storebrand's third quarter results presentation. Due to some technical issues, we started a few minutes later than scheduled today. We apologize for the inconvenience.

As usual, our CEO, Odd Grefstad, will present the key highlights of the quarter; followed by CFO, Lars Aasulv, who will dive deeper into the numbers. At the end of the presentation, participants in the teams webinar will have a chance to ask questions. Details on how to join the team's webinar are found on the Investor Relations website.

But without further ado, I give the word to our CEO, Odd Arild Grefstad.

Odd Grefstad - Storebrand ASA - Group Chief Executive Officer

Thank you, Johannes, and good morning, everyone. Let me give an overview of the third quarter's highlights. Storebrand's group cash-based earnings amounted to NOK1,507 million in the quarter. The operating result was NOK944 million, up by 36% year-on-year. The record strong operating result was driven

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