UniCredit SpA (WBO:UCG)
€ 39 0.125 (0.32%) Market Cap: 59.70 Bil Enterprise Value: 111.55 Bil PE Ratio: 6.63 PB Ratio: 0.96 GF Score: 57/100

Q2 2019 UniCredit SpA Earnings Call Transcript

Aug 07, 2019 / 08:00AM GMT
Release Date Price: €9.74 (-5.44%)
Operator

Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the UniCredit Second Quarter First Half 2019 Results Conference Call. (Operator Instructions) The conference is being recorded. (Operator Instructions)

At this time, I would like to hand the call over to Mr. Jean-Pierre Mustier, CEO of UniCredit. Please go ahead, sir.

Jean Pierre Mustier
UniCredit SpA - CEO & Director

Thank you very much, and good morning to you all, and welcome to our second quarter 2019 analyst call. Before we start, I would like to point out 2 things. First, we had a number of exceptional items this quarter. The reason is that we took a number of strategic decisions such as the disposal of Fineco and the sale of Ocean Breeze. Some had a positive impact, such as Fineco, while others had a negative impact, such as Ocean Breeze. The overall impact is net positive. To give you a true and fair view of our operating performance in the quarter, we will focus our discussion on the adjusted net profit that excludes this nonrecurring item. We

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