Barclays PLC (BSP:B1CS34)
R$ 56.82 0.42 (0.74%) Market Cap: 849.50 Bil Enterprise Value: -5.38 Bil PE Ratio: 8.21 PB Ratio: 0.46 GF Score: 66/100

Half Year 2022 Barclays PLC Fixed Income Earnings Call Transcript

Jul 28, 2022 / 02:00PM GMT
Release Date Price: R$38.63 (-5.57%)
Operator

Welcome to Barclays Half Year 2022 Results Fixed Income Conference Call. I will now hand you over to Anna Cross, Group Finance Director; and Dan Fairclough, Group Treasurer.

Angela Anna Cross
Barclays PLC - Group Finance Director & Director

Good afternoon, everyone, and welcome to the Fixed Income investor call for our half year 2022 results. I'm joined today by Dan Fairclough, our Group Treasurer, who I will hand over to in a moment after my introductory remarks. This morning, I focused on 3 key themes on our continued revenue momentum, our focus on costs and our readiness for any macroeconomic deterioration.

On this last point, I want to reiterate the points I made given the natural attention, impairment and asset quality received from our fixed income investor base. But let me begin on Slide 3 with a very brief overview of our half year P&L highlights.

For half 1, our broad-based income growth partially offset the increase in costs, which reflected the elevated level of litigation and conduct charges. Impairment remained low,

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