Q3 2024 Banca Generali SpA Earnings Call Transcript

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Nov 07, 2024

Nov 07, 2024 / 01:00PM GMT
Operator

Good afternoon. This is the chorus call conference operator. Welcome and thank you for joining the Banca Generali nine month 2024 results conference call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Gian Maria Mossa, CEO and General Manager of Banca Generali. Please go ahead sir.

Gian Maria Mossa - Banca Generali SpA - Chief Executive Officer, General Manager, Executive Director

Good afternoon and thank you for attending our nine month results conference call. The first nine months of this year were the best of banker general history. In several aspects we exceeded for the first time ever. 100 billion of assets. The overall assets in our asset management in Luxembourg exceeded eur EUR22 billion the financial advisor. So our financial advisory network increased by 4% and we continue to see acceleration in recruitment activity and net profit jumped at 338 million. EUR we've also record level for the recurring components.

Results are very strong but probably I really I'm more positive on the commercial

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