Sep 19, 2024 / 08:30AM GMT
Mike Morgan - Close Brothers Group PLC - Group Finance Director, Executive Director
Good morning, and welcome to the presentation of Close Brothers 2024 full year results. Unfortunately, Adrian can't be here with us today. As announced earlier this week, he is taking a temporary medical leave of absence from the business. So I will be taking you through the presentation this morning.
I'll start with an overview of the year before taking you through our financials. After that, I'll cover the progress we've made to date on the capital management actions and our strategy update. (Event Instructions)
Our business delivered a resilient performance in an uncertain environment with the key metrics in line with guidance we had given you for the full year 2024. In banking, we continue to deliver growth at strong margins, albeit at a reduced pace due to the measures taken to moderate capital consumption. CBAM delivered market-leading net inflows, although Winterflood's performance remained impacted by the unfavorable market conditions. We remain focused on cost discipline and have made further
Full Year 2024 Close Brothers Group PLC Earnings Call Transcript
Sep 19, 2024
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