Azimut Holding SPA (MIL:AZM)
€ 24.37 -0.13 (-0.53%) Market Cap: 3.37 Bil Enterprise Value: 2.97 Bil PE Ratio: 7.50 PB Ratio: 2.18 GF Score: 92/100
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Full Year 2020 Azimut Holding SpA Earnings Call Transcript

Mar 11, 2021 / NTS GMT
Release Date Price: €19.52 (-1.69%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Azimut Holding's Full Year 2020 Results Conference Call. (Operator Instructions)

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

Gabriele Blei
Azimut Holding S.p.A. - CEO & Director

Thank you very much, and good afternoon to everyone. We will go through the presentation, as usual, and then leave you as much time as possible for Q&A.

So if we start on Slide #4, we wanted to provide you with 3 key highlights of what we have achieved in 2020. The 3 main focuses have been clients, our business model and our stakeholders.

As far as clients are concerned, so far, clients, since 2019 up to today, they are generating a positive net performance net of any fees of 14%. In 2020, we pushed our business model towards a different approach vis-Ã -vis the asset allocation and the production center that we have developed in the private market segment. And we reached EUR 2.2

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