Q1 2019 Avanza Bank Holding AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Avanza Q1 Report 2019. Today, I am pleased to present Rikard Josefson, CEO; and Birgitta Hagenfeldt, CFO. (Operator Instructions) Speakers, please begin your meeting.
()-
Okay. This is Rikard Josefson. Thank you for listening in on our Q1 results presentation.
I will start off by just commenting on the sanction that the pension company within Avanza got in February for SEK 35 million administration fee. And all in all, it was due to a poor implementation of the Solvency 2 regulation that went into place in the 1st of January 2016, and we agreed with the authorities of the implementation by itself. But you also see that the actions we have taken actually from a little bit more than a year ago where we have changed the Board in the company, we have one Board member left, the rest of the Board is new, and we also put our new Board members in the annual meeting here in March. We also made the CEO change who left the company. We are now have
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
