Piraeus Financial Holdings SA (FRA:BKP)
€ 3.773 -0.072 (-1.87%) Market Cap: 4.80 Bil Enterprise Value: -2.20 Bil PE Ratio: 4.38 PB Ratio: 0.59 GF Score: 58/100
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Q3 2024 Piraeus Financial Holdings SA Earnings Call Transcript

Nov 01, 2024 / 01:00PM GMT
Release Date Price: €3.55 (+2.84%)
Operator

Ladies and gentlemen, thank you for standing by. I am Mina, your Chorus Call operator. Welcome, and thank you for joining the Piraeus Financial Holdings conference call and live webcast to present and discuss the Piraeus nine months 2024 financial results. (Operator Instructions) And the conference is being recorded. (Operator Instructions).

At this time, I would like to turn the conference over to Piraeus Financial Holdings CEO, Mr. Christos Megalou. Mr. Megalou, you may now proceed.

Christos Megalou
Piraeus Financial Holdings SA - Chairman of the Group Executive Committee, Chief Executive Officer, Managing Director, Executive Director

Good afternoon, ladies and gentlemen, and good morning to all of you joining us from the US. This is Christos Megalou, Chief Executive Officer, and I'm joined today by our CFO, Theodoros Gnardellis; Chryssanthi Berbati; and Xenofon Damalas.

Piraeus has delivered a quarter of superior results with the best nine-month performance ever. We generated EUR320 million normalized net profit in the third quarter,

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