Full Year 2023 Absa Group Ltd Earnings Call Transcript

Mar 11, 2024 / NTS GMT
Arrie Rautenbach - Absa Group Ltd - Chief Executive Officer, Executive Director

Good morning and thank you for joining us for Absa's 2023 results presentation. Before getting into the results, I would like to begin by thanking our over 37,000 colleagues who have served our 12.2 million customers with distinction in a difficult operating environment. I would also like to thank our external stakeholders for the ongoing loyalty and support of our business.

Turning to our results, I will first share my thoughts on the current operating environment before giving an update on how our organization has fared strategically. I will spend time on our financial performance before handing to Chris to go through our performance in detail and provide our guidance for 2024. Thereafter, we will provide an update to our medium-term guidance and take your questions.

The global, sub-Saharan and South African economies entered the year on increased uncertainty. At the beginning of the year, very high inflation prompted central banks to continue raising interest rates, though fears of an economic slowdown were

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