Q1 2024 Swedbank AB Earnings Call Transcript
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Good morning, everybody, and welcome to Swedbank's First Quarter 2024 Results Presentation. My name is Annie Ho from Investor Relations. And with me in the room today is Jens Henriksson, Anders Karlsson and Rolf Marquardt; our CEO, CFO and CRO. We'll start as usual with our presentation and follow up with Q&A.
With that, I hand over to you, Jens. Please?
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Thank you, Annie. Swedbank has again delivered a strong and sustainable result and our profit increased compared to both the previous quarter and year. Despite geopolitical uncertainties with the war in Europe, turbulence in the Middle East and climate change; I still feel somewhat optimistic for the economic development. The global economy remains remarkably resilient with growth holding steady as inflation returns to target. In the U.S., inflation remained high while dropping in the Eurozone. In Latvia and Lithuania, the
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