Oct 23, 2024 / 01:00PM GMT
David Nangle - Vef AB - CEO & Board Member
Good morning. Good afternoon, everybody, and welcome to our third-quarter results conference call. As per usual, I have our CIO, Alexis Koumoudos, with me today, helping me in the presentation and the Q&A.
And what we'll do is for the next 20 minutes, plus-minus, is go through the latest and greatest from the VEF side and then open up for questions from you. The details of our presentation is on the webcast, which is live at the moment, as well as being downloadable from our website.
But kicking in on slide 2, key events of the quarter from our side. I think, first and foremost, it's in the NAV performance, up 9% quarter on quarter. We now have a NAV of $475 million, and that's up at 24% from 2022 lows, obviously a low point in the cycle. This has been driven in the quarter and year to date by a mixture of robust portfolio performance, healthy markets, and FX tailwinds. But the most important thing for us is the portfolio performance because that's a key indication of the quality of our portfolio and where it's going and how it's
Q3 2024 Vef AB (publ) Earnings Call Transcript
Oct 23, 2024
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