AIB Group PLC (LSE:AIBG)

£ 4.515 0.09 (2.03%) Market Cap: 10.41 Bil Enterprise Value: -10.78 Bil PE Ratio: 6.23 PB Ratio: 0.91 GF Score: 66/100

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Q1 2020 AIB Group plc Trading Statement Call Transcript

May 12, 2020 / 07:30AM GMT

Release Date Price: £0.8775 (-6.05%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the AIB Group plc trading update. (Operator Instructions) Also must advise that the call is being recorded today, Tuesday, the 12th of May, 2020. And I also must advise that you already have received the RNS relating to AIB's trading update. The forward-looking statement contained in that RNS also covers this call. And I would now like to hand over the call to your first speaker today, Mr. Colin Hunt, CEO of AIB. Please go ahead.

Colin Hunt

AIB Group plc - CEO & Executive Director

Thank you. Good morning, ladies and gentlemen. You're all very welcome to today's briefing on AIB's trading for the first quarter of 2020 and our response to COVID-19. I will begin by providing an overview of the economic backdrop as well as sharing some of the highlights of the quarter's activities before passing you over to our CFO, Donal Galvin, who will take you through the group's financial performance in more detail, and we'll then have an opportunity for questions and answers.

As you are all aware,

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