Nov 02, 2022 / 02:00PM GMT
Operator
Good day, and thank you for standing by. Welcome to the Millennium BCP 9 Months 2022 Earnings Conference Call and Webcast. (Operator Instructions). I would now like to hand over to your speaker, Mr. Miguel Maya. Please go ahead, sir.
Miguel Maya Dias Pinheiro - Banco Comercial Português, S.A. - 3rd Vice Chairman, CEO & Member of Board for Strategic Board
Good afternoon, Miguel Maya speaking. Welcome to BCP's earnings conference call. As usually, I will highlight the most relevant issues that marked our performance, and then Miguel Bragança and Bernardo, who will follow providing additional details. Going straight into the 9 months earnings, we have achieved a net profit of EUR 97 million, growing 63% year-on-year, whilst operating in a highly and stable environment marked by amounting inflation exacerbated by a war in Ukraine, combined with demand restriction still from the pandemic context and the process of configuration in supply chains.
In Portugal, the pet of fiscal consolidation, together with the controlled unemployment level, gives
Q3 2022 Banco Comercial Portugues SA Earnings Call Transcript
Feb 12, 2024
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