Xp Inc Web Meeting to Provide COVID-19 Crisis Update - Corporate Call Transcript

Apr 15, 2020 / 09:00PM GMT
Bruno Constantino Alexandre dos Santos - XP Inc. - CFO & Director

Thank you, you all for attending our web conference. First, I don't know if you're going to present the slides, Carlos, or -- okay. First of all, let me start saying that I hope everyone is healthy and safely.

First time we do this web conference, so let's see how it goes. The purpose of this conference, as Lazar already mentioned, is to give you a quick update about the COVID-19 crisis. So going to the index here, yes, this slide. We are going through some initiatives that we have done at XP regarding the crisis based on 5 topics, main topics, our employees, our clients, our IFA network, our platform and, of course, the social responsibility. Then I'm going to quickly present a new business we just launched in the middle of the crisis. XP Wealth Service. I'm going to talk a little bit more about it. Then we are going to present the main KPIs for the first quarter '20. And we go for some selected first quarter preliminary results, financial results, basically gross revenue and adjusted net margin.

And finally, I'm

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