Mediobanca SpA (WBO:MB)
€ 13.765 -0.26 (-1.85%) Market Cap: 11.41 Bil Enterprise Value: 41.13 Bil PE Ratio: 12.44 PB Ratio: 1.03 GF Score: 76/100

Q3 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript

May 07, 2020 / 12:00PM GMT
Release Date Price: €5.05 (-1.75%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the 3Q '20 results conference. (Operator Instructions) I must advise you that this conference is being recorded today.

I would now like to hand the conference over to Mr. Alberto Nagel, CEO. Please go ahead, sir.

Alberto Nicola Nagel
Mediobanca Banca di Credito Finanziario S.p.A. - CEO & Director

Thank you. Welcome to everybody. We have structured this call in a presentation with 4 sections. The first one is why we see that Mediobanca is very well equipped to cope with the COVID-19; the Section 2, where we explain the COVID-19 impact so far; the group results at the end of March; and then closing the remark.

Starting with the first section. I think it is enough clear to everybody and most of you what Mediobanca has been doing in the recent past and how we managed to grow and while growing, we have managed to reshape the group across the cycle. If we take a look back to 10 years ago and here we cover 2 crisis, so we cover the crisis of post-Lehman, and we cover also the

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