Q1 2020 Topdanmark A/S Earnings Call Transcript

Apr 24, 2020 / 01:30PM GMT
Peter Hermann - Topdanmark A/S-CEO&Member of Executive Board

Good afternoon, everybody, and good morning to the USA. Thank you for joining us on this conference call. With me is Lars Thykier, the CFO; and Steffen Heegaard, the Group Communications and IR Director. We're holding this conference because earlier today, we published the interim report for Q1 2020. But before we go to the questions, we would like to use the first minutes just to explain the development in our investment result, with focus on our hedging portfolio. I hope that's okay for you. So I will give the word to you, Lars.

Lars Thykier - Topdanmark A/S-CFO&Member of the Executive Board

Thank you. I don't want to waste your time, but I may save a couple of questions if I spend a couple of minutes on the investment result.

So if I could make you go to Slide 15, which shows our -- investment return. You will know this table, it appears that we have had a negative result in Danish

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