Societe Generale SA (FRA:SGE)

€ 25 0.34 (1.38%) Market Cap: 19.99 Bil Enterprise Value: 9.62 Bil PE Ratio: 8.52 PB Ratio: 0.31 GF Score: 70/100

Societe Generale SA at Bank of America Merrill Lynch Financials CEO Conference (Virtual) Transcript

Sep 24, 2020 / 01:00PM GMT

Release Date Price: €11.45 (-1.60%)

Transcript

FrÃ;dÃ;ric OudÃ;a;tÃ;GÃ;nÃ;rale SociÃ;tÃ;anonyme;CEO;Director

SociÃ

©©© - ©©©©©©-&

Yes, hello. Thanks, Tarik. Good afternoon to all of you. And first of all, I hope everybody is fine and sorry not to be able to meet physically, but we'll do that as efficiently as possible through these digital channels.

Yes, let me just present briefly and 2 messages: first one, which is to confirm everything that we've said beginning of August regarding the outlook for the second semester. We have an additional 2 months behind us, and that's the first part of my presentation. And second, I would like to elaborate on something we've announced yesterday, the launch of a study to create a new bank in France in French retail banking, combining the 2 existing networks, CrÃ©dit du Nord and SociÃ©tÃ© GÃ©nÃ©rale.

Let's turn first to my first slide, Page 3. We confirm the recovery. What does that mean? Of course, there are still

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