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- Q3 2022 Banca IFIS SpA Earnings Call TranscriptNov 10, 2022€13.2 (+4.02%)Earnings
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- Q3 2020 Banca IFIS SpA Earnings Call TranscriptNov 06, 2020€7.29 (-1.95%)Earnings
- Half Year 2020 Banca IFIS SpA Earnings Call TranscriptAug 06, 2020€8.86 (+0.51%)Earnings
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- Q3 2019 Banca IFIS SpA Earnings Call TranscriptNov 07, 2019€15.03 (-1.44%)Earnings
- Half Year 2019 Banca IFIS SpA Earnings Call TranscriptAug 02, 2019€13.09 (+1.00%)Earnings
- Q1 2019 Banca IFIS SpA Earnings Call TranscriptMay 09, 2019€13.03 (-2.98%)Earnings
Q3 2020 Banca IFIS SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Banca IFIS' 9-Month 2020 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Luciano Colombini, CEO of Banca IFIS. Please go ahead, sir.
Good morning. Welcome, everybody, to our call. Yesterday, the Board of Directors under the chairmanship of Mr. Sebastien Egon Fürstenberg approved our first 9 months 2020 results.
Before going into the results, I would like to confirm our guidance. despite the second wave of COVID-19. In 2020, we expect to achieve net income in the upper range of our guidance of EUR 50 million to EUR 65 million. Banca IFIS profitability proved to be resilient with all the 3 quarters of 2020 profitable. In third quarter 2020 and 9-month 2020, we achieved a net income of EUR 16 million and EUR 52 million, respectively. This reflects Banca IFIS' business model, which focuses on profitable market niches that are
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