Banca Ifis (FRA:0I6)
€ 19.71 -0.16 (-0.81%) Market Cap: 1.04 Bil Enterprise Value: 3.47 Bil PE Ratio: 6.41 PB Ratio: 0.59 GF Score: 65/100
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Q1 2023 Banca IFIS SpA Earnings Call Transcript

May 11, 2023 / 02:00PM GMT
Release Date Price: €14.39 (-1.77%)
Operator

Good afternoon, ladies and gentlemen. This is the Chorus Call conference operator. Welcome, and thank you for joining the Banca IFIS First Quarter 2023 Results Conference Call. (Operator Instructions).

It is my pleasure, and I would now like to turn the conference over to Mr. Frederik Geertman, CEO. Please go ahead, sir.

Frederik Herman Geertman
Banca IFIS S.p.A. - CEO & Director

Good afternoon, everybody. Before we start the presentation, let me briefly touch on the news of a tragic event that has touched our controlling shareholders family yesterday. Today, the Board of Banca IFIS has approved our Q1 results with this spirit that our best way to be close to the family is to continue doing our utmost best with dedication and professionalism. And in this period, we present our results today.

I will then take you to Page 4 of the presentation, where we have the executive summary. We post net income in Q1 of EUR 46 million, that's plus 31% year-on-year, confirming our acceleration. Revenues are at EUR 176 million. That's plus 8% year-on

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