Full Year 2019 Vontobel Holding AG Earnings Call Transcript
So good morning, ladies and gentlemen. Thank you for joining us. On behalf of our full year results, media and analyst conference, a very warm welcome in the name of Vontobel, together with Martin Sieg, our CFO, welcome to you here in Zurich, as well as to all the people who have joined us on the telephone conference.
As usually, I will kick off with a few highlights and a few remarks, then Martin will guide us through the details of the numbers and our annual results, and then I will be back with an update on strategy and outlook. And obviously, Martin and I will be more than delighted to take your questions after our presentation.
So let me stress 3 important points. First, we delivered sensible, solid, robust organic growth with revenues up by 9% and very strong net new money of more than CHF 11 billion at an annualized growth rate of 6.9%. All of this is coming while we are not only protected, but also slightly extending our healthy margin. So proof
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