Talanx AG (OTCPK:TNXXF) Q3 2024 Earnings Conference Call November 14, 2024 3:00 AM ET
Company Participants
Bernd Sablowsky - Head of Investor Relations
Jan Wicke - Chief Financial Officer
Conference Call Participants
Ismael Dabo - Morgan Stanley
Michael Huttner - Joh. Berenberg, Gossler & Co. KG
Roland Pfänder - Oddo BHF
Bernd Sablowsky
Good morning from Hannover. This is the Talanx Results Call for the First Nine Months and the Third Quarter of Financial Year 2024. I'm here together with my CFO, Jan Wicke, who will take you through our numbers and answer all the questions you may have.
Based on the positive feedback we received, we felt encouraged to continue doing this in a video format, but please, appreciate that this is still sort of trial and error thing. So any feedback you have to make it more efficient and more convenient for you after the call is highly welcomed. For the Q&A session, you can activate the hand raise feature so that we are aware that you have a question, and I will somehow moderate then through with your questions.
As usual, all the documents you'll find in the Investor Relations section on our webpage as well as with a short delay, a replay of this webcast. And with this logistical instructions, I hand over to Jan to present our numbers. Jan, the floor is yours.
Jan Wicke
Thank you, Bernd, and good morning, everybody, and thank you for attending our call. I'm happy to present strong numbers of Talanx to you and also the outlook for both 2024 and 2025.
Let me start with a quick summary of the first nine months. We are pleased to see the growth momentum continuing. Revenues are up 12%, if adjusted for currency changes even 13%. But most importantly, the bottom line is growing twice as
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