Q3 2023 Powszechny Zaklad Ubezpieczen SA Earnings Call Transcript

Nov 23, 2023 / 12:00PM GMT
Tomasz Pawel Kulik - Powszechny Zaklad Ubezpieczen SA - Management Board Member

Ladies and gentlemen, it's a pleasure to welcome you here. I'm happy to share my presentation, which will sum up the results of PZU in Q3 2023. Let me give a warm welcome to those who have come here personally. I'm very happy to see you. I hope that the audience will only get bigger in the future.

And now let's get to the point of my speech. I have divided this presentation into four sections, which is the main achievements, business development, financial results, the updated strategy and where we are. And to conclude, a few questions from the audience, if you have any.

Now, the main achievements. We can say that Q3 witnessed a high dynamics of sales, solid results, return on equity exceeds strategic ambitions. And this is a good opening and conclusion for Q3. But I'd also explain to you why and what's behind these extraordinary results. Well, what has influenced it? In this Q, there has been a very high insurance services results, over PLN 1 billion. With good property insurance profitability and also a

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot