2024-04-25 21:18:02 ET
Mapfre, S.A. (MPFRF)
Q1 2024 Sales/Trading Statement Conference Call
April 25, 2024 11:30 AM ET
Company Participants
Leandra Clark - Head Investor Relations
Fernando Mata - Group Chief Financial Officer & Vice Chairman
Felipe Navarro - Deputy General Manager of Finance
Jose Luis Jimenez - Chief Investment Officer & Deputy Chief Financial Officer
Conference Call Participants
Presentation
Leandra Clark
Good evening, and welcome to MAPFRE's activity presentation for the first quarter of 2024. This is Leandra Clark, Head of Investor Relations. Thank you for being here with us today. It is a pleasure to have with us Fernando Mata, Group CFO and Vice Chairman; as well as Felipe Navarro, Deputy General Manager in the Finance area. They will walk us through the main numbers. We are also happy to have with us Jose Luis Jimenez, CIO and Deputy CFO, who will participate in the Q&A session at the end of the call.
As we have said, we are reporting new IFRS financial information twice a year at half year and year-end. We continue with our commitment to transparency with the quarterly activity updates reports like the one we released this morning.
Just as a reminder, this information is prepared under the accounting policies applicable in each country. As a reminder, you can use Ask the question link at any point during the call and we will open up the question-and-answer session at the end of the presentation.
Let me turn the call over to Fernando. The floor is yours.
Fernando Mata
Good evening, everyone. Thank you, Leandra. Thank you all for being here with us again. The quarter's strong results are proof that our profitable growth strategy is working and that the KPIs are in line with the target set at the recent AGM. We're growing strong in almost all markets and accelerated measures to correct imbalances.
Our proven business model with high levels of diversification is helping us again, and we continue growing in the most profitable segments, while Motor is still overcoming challenges....
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Mapfre, S.A. (MPFRF) Q1 2024 Sales/Trading Statement Call Transcript