UniCredit SpA (OTCPK:UNCFF)
$ 38.99 0.067 (0.17%) Market Cap: 59.35 Bil Enterprise Value: 114.21 Bil PE Ratio: 6.08 PB Ratio: 0.90 GF Score: 70/100

Q2 2021 UniCredit SpA Earnings Call (Q&A Session) Transcript

Jul 30, 2021 / 09:00AM GMT
Release Date Price: $12.35 (+11.16%)
Operator

Good morning, ladies and gentlemen. Today's conference call will be hosted by UniCredit CEO, Mr. Andrea Orcel; and CFO, Mr. Stefano Porro. (Operator Instructions) Today's conference call is being recorded.

At this time, I would like to hand the call over to Mr. Andrea Orcel. Sir, you may begin.

Andrea Orcel
UniCredit S.p.A. - CEO & Director

Thank you very much. Good morning to you all, and welcome to the analyst call for our second quarter results.

Before we turn to the presentation, I would like to start by making a few comments on the announcement we made last night. As you will have read, we have entered exclusive negotiation with the Italian government to assess the feasibility of acquiring selected parts of Banca Monte dei Paschi di Siena.

My ambition for UniCredit has been clear from the start: to deliver risk-adjusted profitable growth with the overriding goal of sustainable returns above the cost of equity across the cycle. There is enormous value to be unlocked internally, which I will come back to later. I have also

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