Lloyds Banking Group PLC (NYSE:LYG)
$ 2.74 -0.06 (-2.14%) Market Cap: 41.61 Bil Enterprise Value: 70.50 Bil PE Ratio: 7.74 PB Ratio: 0.71 GF Score: 65/100

Lloyds Banking Group PLC-Group Strategy Update Transcript

Oct 05, 2023 / 02:00PM GMT
Release Date Price: $2.03
Charles Alan Nunn
Lloyds Banking Group plc - Group Chief Executive & Executive Director

Good afternoon, everyone, and welcome to the first of our 4 investor seminars on our strategic growth priorities. Over the next 9 months, you'll hear from the management teams that is delivering our business ambitions, which contribute to our revenue growth and cost savings targets across 2024 and 2026. We are successfully executing against our 4 strategic priorities. So I'm excited to be able to share our strong progress to date and vision for the future with you. I'm delighted today to be joined by Jayne and Jas, who'll kick off these seminars with a deep dive on our consumer business.

Following their updates, I'll briefly wrap up, and we'll then have plenty of time for your questions. Before handing over, I'll briefly introduce today's session. Let me start on Slide 3. There are 4 key messages that I'd like you to take away from today's session.

Firstly, we have the leading consumer franchise in the U.K. across channels, products and engagement levels. This provides a strong foundation for

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