Unlocking Growth: Basic-Fit’s Q3 2024 Trading Update
A New Era of Transparency
On October 18, 2024, Basic-Fit N.V. (OTCPK:BSFFF) broke new ground by hosting its first-ever investor call for a third-quarter trading update. This bold move was driven by feedback from analysts, who craved more insight into the company’s performance.
Leading the Charge
Richard Piekaar, Head of Investor Relations, kicked off the call, introducing CEO Rene Moos and CFO Hans van der Aar. This dynamic duo was poised to provide a comprehensive overview of the company’s progress.
A Shift in Strategy
Historically, Basic-Fit had only hosted investor calls for its half-year and full-year results. However, recognizing the importance of transparency, the company decided to expand its communication efforts. This new approach enables investors to stay informed and engaged throughout the year.
A Live Broadcast
The call was broadcast live on Basic-Fit’s website, ensuring that all stakeholders had access to the same information simultaneously. For those who missed the live event, a recording was made available shortly after.
Safe Harbor Applies
As Richard Piekaar reminded participants, the safe harbor statement applies to all forward-looking statements made during the call.
The CEO’s Perspective
Rene Moos took the stage, providing a concise introduction to the company’s performance. He set the tone for a productive Q&A session, where both he and Hans van der Aar were available to address questions from analysts.
Analysts Take the Floor
The call featured a diverse range of participants, including Robert Jan Vos from ABN AMRO, Natasha Brilliant from UBS, Chandni Hirani from Barclays Capital, Inc., Kris Kippers from Banque Degroof Petercam S.A., Marc Zwartsenburg from ING, and Lynn Hautekeete from KBC Securities. Each analyst brought their unique perspective, driving a rich and informative discussion.
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