UniCredit SpA (OTCPK:UNCRY)
$ 19.41 -0.43 (-2.17%) Market Cap: 64.82 Bil Enterprise Value: 119.48 Bil PE Ratio: 7.09 PB Ratio: 0.95 GF Score: 57/100

Q2 2020 UniCredit SpA Earnings Call Transcript

Aug 06, 2020 / 08:00AM GMT
Release Date Price: $4.62 (-1.81%)
Operator

Good morning, ladies and gentlemen. Today's conference call will be hosted by UniCredit CEO, Mr. Jean-Pierre Mustier; and the Co-CFO, Mr. Mirko Bianchi. (Operator Instructions) Today's conference call is being recorded. At this time, I would like to hand the call over to Mr. Jean-Pierre Mustier. Sir, you may begin.

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

Thank you very much, and good morning to all of you and welcome to the analyst call for our second quarter results. While we continue to face the challenges of the ongoing COVID-19 pandemic during the period, we finished the quarter in a strong position. We are ready to seize the opportunity that lies ahead, thanks to our effective business continuity measures, our accelerated digitalization and our stable cost base. As shutdowns began to ease across most of our core markets, we are seeing the first signs of commercial recovery. This can be seen more clearly in our monthly [key] performance with good sales for June, now slightly higher than the level of a year earlier, demonstrating the

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