Banca Monte dei Paschi di Siena (STU:MPI0)
€ 6.074 0.04 (0.66%) Market Cap: 7.84 Bil Enterprise Value: 2.60 Bil PE Ratio: 2.81 PB Ratio: 0.67 GF Score: 40/100
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Q1 2019 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

May 09, 2019 / 11:00AM GMT
Release Date Price: €14.65 (-2.19%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the MPS Group First Quarter 2019 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Marco Morelli, Chief Executive Officer. Please go ahead, sir.

Marco Morelli
Banca Monte dei Paschi di Siena S.p.A. - CEO, GM & Director

Good morning, everybody, and thanks for attending our Q1 results. I'm here with our CFO, Andrea Rovellini. Let me make a few introductory remarks before we step into a detailed analysis on numbers. As we always do, we look at our quarterly results. And this has been the case since we finally approved towards the end of 2017, the Restructuring Plan. We look at our numbers in the context of our Restructuring Plan. And therefore, we move in parallel -- we move forward 2 different lines in parallel, the relaunching and the consolidation of the commercial relaunch and margins for the bank and to follow shoots on every single restructuring commitments which, as you're aware of, are

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