Q1 2021 Credit Agricole SA Earnings Call Transcript

May 07, 2021 / 12:30PM GMT
Operator

Good day, and thank you for standing by. Welcome to the Crédit Agricole Q1 Results 2021 Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to turn the conference over to your CFO, Jerome Grivet. Thank you. Please go ahead.

Jerome Grivet - Crédit Agricole S.A.-Deputy GM&CFO

Good afternoon to everyone of you. I'm happy to present to you the results of the group and of Crédit Agricole SA for this first quarter of 2021. Let me go to the slide show quite as rapidly as possible in order to leave you time for your questions.

So we can start on Page 4. You can see that the group is posting a net profit of EUR 1.75 billion, which is almost double as compared to Q1 '20 when we stated from the traditional specific items, and I'll go back on this one just afterwards, the underlying net income group share stands at EUR 1.6 billion, and it is still an increase of 63%. What is the main element that we restate this quarter is the fact

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