Azimut Holding SpA (OTCPK:AZIHF)
$ 23.6 -0.32 (-1.34%) Market Cap: 3.52 Bil Enterprise Value: 3.40 Bil PE Ratio: 6.39 PB Ratio: 1.95 GF Score: 88/100

Q2 2024 Azimut Holding SpA Earnings Call Transcript

Aug 01, 2024 / 01:00PM GMT
Release Date Price: $24.06
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the Azimut Holding First Half 2024 Results Conference Call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. (Operator Instructions)

At this time, I would like to turn the conference over to Gabriele Blei, CEO of Azimut. Please go ahead.

Gabriele Blei
Azimut Holding SpA - Co-Chief Executive Officer, Executive Director

Thank you very much. Good afternoon to everyone. As always we will go through the presentation as quickly as possible and leave time for Q&A. So, if we start from slide number 4, you have a very quick snapshot of the key data of our first half results. EUR10 billion of net inflows, 1.7x more than what we have achieved in 2023.

It's interesting to note how if we look at the Italian system either if you pick such as [thyoni] data, you can note this -- a net outflows in the same period of 2024 for EUR13.4 billion, whereas if you take the [asorate] data, so

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