Q2 2021 Unipol Gruppo SpA and UnipolSai Assicurazioni SpA Earnings Presentation (Pre-recorded) Transcript

Aug 06, 2021 / NTS GMT
Presentation (Pre-recorded)
Aug 06, 2021 / NTS GMT

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Corporate Participants
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* Adriano Donati
Unipol Gruppo S.p.A. - Head of IR

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Adriano Donati - Unipol Gruppo S.p.A. - Head of IR

Good morning, everyone. My name is Adriano Donati, and I am the Head of Investor Relations of the Unipol Group. Today, I'm going to show you our half year financial results. Since the last quarter, we have outlined our results excluding BPER contribution that was affected by some extraordinary items. The BPER consolidation process involves Unipol data, and conversely, it doesn't affect UnipolSai numbers.

Excluding BPER result, Unipol's pretax profit stood at EUR 605 million compared to EUR 731 million last year. The consolidated net result was EUR 514 million, that is EUR 409 million net of minority interests, including in BPER, Unipol's pretax profit amounted to EUR 743 million, net profit to EUR 652 million and profit after minorities to EUR 537 million. For UnipolSai, that was not impacted by BPER results,

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