Julius Baer Gruppe AG (OTCPK:JBAXY)
$ 13.35 -0.05 (-0.37%) Market Cap: 13.67 Bil Enterprise Value: 1.81 Bil PE Ratio: 32.88 PB Ratio: 1.94 GF Score: 80/100

Full Year 2019 Julius Baer Gruppe AG Earnings and Strategy Update Call Transcript

Feb 03, 2020 / 08:30AM GMT
Release Date Price: $9.55 (-3.44%)
Philipp Rickenbacher;r Gruppe AG;CEO;Member of Executive Board
Julius BÃ

¤-&

Ladies and gentlemen, a very good morning to all of you on this unnaturally warm almost spring day out there if the weather was a little bit better. Warmly welcome to Julius Baer's 2019 results and our strategy update today. It's my great honor to be here with you today for the first time as the CEO of Julius Baer.

But without any delay, I hand over to Dieter Enkelmann for the results 2019.

Dieter Amin Enkelmann;r Gruppe AG;CFO;Member of Executive Board
Julius BÃ

¤-&

Thank you, Philipp, and good morning from my side. As usual in our presentation, the results are shown on the adjusted basis. In 2019, the adjustments were larger than in previous years due to the CHF 153 million provision, which we announced in December, linked to the claim by BvS in relation to events that, a long time ago, allegedly took place at Bank Cantrade, which UBS acquired in 2005 from UBS; and the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot