Q1 2020 Skandinaviska Enskilda Banken AB Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the SEB's Quarter 1 2020 Results Conference Call. (Operator Instructions)
I would now like to hand the conference over to your first speaker today, Johan Torgeby. Thank you. Please go ahead.
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Thank you very much. And I'd like to extend a warm welcome to everyone in these extraordinary times and say that this is the first phone and web-based PowerPoint presentation that we have done in many years. But thank you, everyone, for joining.
A practical comment. If you haven't seen the presentation that we will refer to on this call, you can go into sebgroup.com, and under the tab Investor Relations, we have posted the PowerPoint presentation which we will refer to on this call.
Starting on Page 2, the macroeconomic backdrop is not a surprise to anyone, but at least some reflections. We have seen a sharp fall in share prices. However, year-to-date,
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