Storebrand ASA (OTCPK:SREDF)

$ 10.95 0 (0%) Market Cap: 4.81 Bil Enterprise Value: 8.40 Bil PE Ratio: 10.65 PB Ratio: 1.74 GF Score: 35/100

Q1 2020 Storebrand ASA Earnings Call Transcript

Apr 30, 2020 / 06:30AM GMT

Release Date Price: $4.5

Transcript

Daniel Sundahl

Storebrand ASA - IR Officer

Good morning, ladies and gentlemen. Welcome to Storebrand's First Quarter Result Presentation. My name is Daniel Sundahl. I'm the Head of Investor Relations.

In a slightly different format than usual, today's presentation will be held in English. As usual, CEO, Odd Arild Grefstad, will go through the most important developments in the quarter; followed by Lars LÃÂ¸ddesÃÂ¸l, our CFO, who will dig deeper down into the numbers. The presentation can be followed either via webcast or, if you are preregistered, via phone. Let me remind you that at the end of the presentation, we will hold a Q&A session. (Operator Instructions)

With that, I give the word to our CEO, Odd Arild Grefstad.

Odd Arild Grefstad

Storebrand ASA - Group CEO

Thank you, Daniel, and good morning, everyone. First quarter 2020 is a very special quarter. We are all affected by the COVID-19 situation. And this also leads to a somewhat different presentation of Storebrand's first quarter results.

Despite the economic

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