Piraeus Financial Holdings SA (LTS:0RTY)
€ 1.52 0 (0%) Market Cap: 4.80 Bil Enterprise Value: -2.20 Bil PE Ratio: 4.46 PB Ratio: 0.60 GF Score: 45/100

Q4 2018 Piraeus Bank SA Earnings Call Transcript

Mar 29, 2019 / 04:00PM GMT
Release Date Price: €20.05
Operator

Ladies and gentlemen, thank you for standing by. I'm Konstantinos your call operator. Welcome, and thank you for joining the Piraeus Bank conference call to present and discuss the full year 2018 financial results. (Operator Instructions)

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

Christos Ioannis Megalou
Piraeus Bank S.A. - MD & Executive Director

Good evening, ladies and gentlemen, and good morning for those joining us from the U.S. Thank you for attending Piraeus Bank Full Year 2018 Results Presentation. I'm Christos Megalou, CEO of Piraeus Bank, and I'm here today with our senior management and IR team.

Full year 2018 performance reflects the first full financial year since the arrival of the new management team. Upon arriving, we set a clear set of targets and focused on derisking the balance sheet, reducing legacy costs and transforming the business to adapt to new client needs and the changing market environment. Of course, you can go

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