Full Year 2023 Close Brothers Group PLC Earnings Call Transcript - Thomson StreetEvents

Full Year 2023 Close Brothers Group PLC Earnings Call Transcript

Full Year 2023 Close Brothers Group PLC Earnings Call Transcript - Thomson StreetEvents
Full Year 2023 Close Brothers Group PLC Earnings Call Transcript
Published Sep 26, 2023
17 pages (12228 words) — Published Sep 26, 2023
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About This Report

  
Abstract:

Edited Transcript of CBRO.L earnings conference call or presentation 26-Sep-23 8:30am GMT

  
Brief Excerpt:

...Good morning, and welcome to the presentation of Close Brothers Full Year 2023 results. I'll start with a brief reflection on our performance. Mike will then take us through our financials. I'll then come back to talk about our business and strategy. After which you can submit your questions either via the telephone line or during the webcast, which you can submit during the presentation or afterwards. We've had a challenging market backdrop where mixed economic conditions in the U.K. have created substantial uncertainty for our consumer and SME customers. Our financial results were impacted by the provisions we took in relation to Novitas in the first half resulting in a material reduction in operating profit. We're clearly disappointed with these developments and the impact they've had on our financial performance this year. However, we've seen good momentum in banking in CBAM in the second half, and we're encouraged with our good start to 2024 financial year. And we're well placed to...

  
Report Type:

Transcript

Source:
Company:
Close Brothers Group PLC
Ticker
CBRO.L
Time
8:30am GMT
Format:
PDF Adobe Acrobat
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Half Year 2024 Close Brothers Group PLC Earnings Call Transcript – 2024-03-19 – US$ 54.00 – Edited Transcript of CBRO.L earnings conference call or presentation 19-Mar-24 9:30am GMT

Half Year 2023 Close Brothers Group PLC Earnings Call Transcript – 2023-03-14 – US$ 54.00 – Edited Transcript of CBRO.L earnings conference call or presentation 14-Mar-23 9:30am GMT

Preliminary Q4 2022 Close Brothers Group PLC Earnings Call Transcript – 2022-09-27 – US$ 54.00 – Edited Transcript of CBRO.L earnings conference call or presentation 27-Sep-22 8:30am GMT

Half Year 2022 Close Brothers Group PLC Earnings Call Transcript – 2022-03-15 – US$ 54.00 – Edited Transcript of CBRO.L earnings conference call or presentation 15-Mar-22 9:30am GMT

Full Year 2021 Close Brothers Group PLC Earnings Call Transcript – 2021-09-28 – US$ 54.00 – Edited Transcript of CBRO.L earnings conference call or presentation 28-Sep-21 8:30am GMT

Close Brothers Group PLC Investor Event - Corporate Call Transcript – 2021-06-15 – US$ 54.00 – Edited Transcript of CBRO.L conference call or presentation 15-Jun-21 8:00am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Full Year 2023 Close Brothers Group PLC Earnings Call Transcript" Sep 26, 2023. Alacra Store. May 18, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Full-Year-2023-Close-Brothers-Group-PLC-Earnings-Call-T15756024>
  
APA:
Thomson StreetEvents. (2023). Full Year 2023 Close Brothers Group PLC Earnings Call Transcript Sep 26, 2023. New York, NY: Alacra Store. Retrieved May 18, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Full-Year-2023-Close-Brothers-Group-PLC-Earnings-Call-T15756024>
  
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