Q1 2023 Conduit Holdings Ltd Renewals Trading Update Call Transcript

Jan 25, 2023 / 12:00PM GMT
Trevor Carvey - Conduit Holdings Limited - CEO

Okay. Good morning, and welcome to this trading update post the January 23 renewal season. It's quite something to think this is already our third renewal season. And when we put the original plan together over five years, we obviously made assumptions around the way the market would expect to unfold in the [world of a] plan. And as we know, the market never fails to surprise in that respect.

We always said that we wanted to build a business that would be able to respond quickly and proactively to market events. And we can talk you through some of the actions that we've seen over the course of the last eight weeks or so. And I think we've probably demonstrated that we're in a good place to be able to do that.

So a market background -- next slide, please. Thanks. Yeah. So market background, I won't dwell on this too long. A lot of people on the call will know the background to the industry changes. I think the key point for us is that it was a structural shift in the marketplace. Three main drivers of that are listed up there.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot