UniCredit SpA (OTCPK:UNCRY)
$ 19.57 0.19 (0.98%) Market Cap: 65.16 Bil Enterprise Value: 119.81 Bil PE Ratio: 7.16 PB Ratio: 0.97 GF Score: 61/100

Q1 2019 UniCredit SpA Earnings Call Transcript

May 09, 2019 / 08:00AM GMT
Release Date Price: $6.25 (-0.79%)
Operator

Welcome, and thank you for joining the UniCredit First Quarter 2019 Group Results Presentation. (Operator Instructions)

At this time, I would like to turn the conference over the Mr. Jean-Pierre Mustier, UniCredit Group's Chief Executive Officer. Please go ahead, sir.

Jean Pierre Mustier
UniCredit S.p.A. - Group CEO & Director

Thank you very much, and good morning to you all, and welcome to our first quarter 2019 analyst call.

Before I walk you through our financial results for the first quarter, let me make a few remarks on the announcement we made yesterday that we sold 17% of Fineco for a CET1 ratio benefit of 21 basis points in the second quarter 2019. It is essential to put this announcement into the right strategic context. As you all know, we will present our new business strategy for the years '20 to '23 at our Capital Market Day later this year. To prepare for this new business strategy and ensure a robust foundation for a successful future development, we're announcing a comprehensive set of financial measures. We aim at

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