Eurobank Ergasias Services And Holdings SA (FRA:EFGD)
€ 2.025 0.01 (0.5%) Market Cap: 7.48 Bil Enterprise Value: -2.22 Bil PE Ratio: 5.68 PB Ratio: 0.86 GF Score: 67/100
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Q2 2022 Eurobank Ergasias Services and Holdings SA Earnings Call Transcript

Jul 29, 2022 / 03:00PM GMT
Release Date Price: €0.855 (+3.91%)
Operator

Welcome, and thank you for joining the Eurobank Holdings conference call to present and discuss the second quarter of 2022 financial results. At this time, I would like to turn the conference over to Mr. Fokion Karavias, CEO. Mr. Karavias, you may now proceed.

Fokion C. Karavias
Eurobank Ergasias Services and Holdings S.A. - CEO & Director

Ladies and gentlemen, good afternoon, and welcome to Eurobank's first half of 2022 results presentation. Together with me is our CFO, Harris Kokologiannis, and the Investor Relations team. I will start from an overview of recent developments before we present our results. Two contrasting trends emerged in the first half of the year.

First, and although early today, we heard Eurozone's economic releases, bidding estimates on growth and inflation, overall, the global macroeconomic environment has deteriorated. As geopolitics and supply chain bottlenecks led to high inflation, mainly through energy prices. Faced with such challenges and elevated uncertainty, major European economies are expected to slow down and

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