Full Year 2023 Admiral Group PLC Earnings Call Transcript
Good. Welcome, everybody. Good morning, and welcome to Admiral Group year-end 2023 results. Once again, we delivered strong financial performance, growth and strategic progress despite challenging market condition. After sharing with you the main highlight, Geraint will give us more detail on our financial performance, and Cristina, Costantino and Scott will tell us more about the progress of the business they lead, respectively, U.K. Insurance, International Insurance and Admiral Money.
You can see in this picture that 2023 was a special year for us. We celebrated our 30th anniversary in a different way, including the first edition of Admiral Games, I will come to (inaudible) this later. So in a nutshell, 2023 was a good year with more than 30% increase in turnover and GBP 443 million of pretax profit. It did not start in the easiest possible way. At the beginning of the year, we were expecting pressure on supply chain, severe weather events, and more importantly, record level of
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