Sanlam Ltd (OTCPK:SLMAF)
$ 3.478 0 (0%) Market Cap: 10.47 Bil Enterprise Value: 9.66 Bil PE Ratio: 11.23 PB Ratio: 2.04 GF Score: 84/100

Sanlam Ltd Operational Update -- 4 Months Ended 30 April 2021 Call Transcript

Jun 09, 2021 / 03:00PM GMT
Release Date Price: $4.5
Operator

Good day, ladies and gentlemen, and welcome to the Sanlam 4 Months Operational Update. (Operator Instructions) Please note that this call is being recorded.

I'd now like to turn the conference over to Paul Hanratty. Please go ahead, sir.

Paul Brendan Hanratty
Sanlam Limited - Group CEO & Director

Claudia, thank you very much for hosting us nicely as usual. And good afternoon, ladies and gentlemen, and thank you very much for joining us on this conference call. I'm joined today on the telephone line by Abigail Mukhuba, who is our Finance Director; and then Chief Actuary and Chief Risk Officer, Lotz Mahlangeni; and Head of Investor Relations, Grant Davids.

Sanlam released its operational update for the 4-month period to the 30th of June 2021, earlier this afternoon. I'd like to just make a few introductory comments before we proceed to questions.

From a strategic perspective, Sanlam continued to make progress with the execution of its strategy this year. The purchase of a 25% noncontrolling minority shareholding in the subsidiary

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