B3 SA - Brasil Bolsa Balcao (FRA:YBV0)
€ 5.65 -0.05 (-0.88%) Market Cap: 10.18 Bil Enterprise Value: 9.89 Bil PE Ratio: 16.37 PB Ratio: 3.46 GF Score: 76/100

Q1 2022 B3 SA Brasil Bolsa Balcao Earnings Call Transcript

May 13, 2022 / 03:00PM GMT
Release Date Price: €7.05 (+1.44%)
Operator

Good morning, ladies and gentlemen, and welcome to the audio conference call of B3's earnings results for the first quarter of 2022. (Operator Instructions) As a reminder, this conference is being recorded and broadcast live via webcast. The replay will be available after the event is concluded.

I would now like to turn the conference over to Andre Milanez, B3's CFO, who will be joined by Fernando Campos, Investor Relations Associate Director. Please go ahead.

Andre Milanez

Good morning, everyone. Thanks for joining our first quarter earnings call. It's a pleasure being here for the first time with you.

Well, let me start making some remarks about the quarter. 2022 started with more uncertainties in our -- in the financial markets globally, with the war in Eastern Europe and inflationary pressures around the main economies around the globe. In Brazil, we saw that movement as well, with interest rates increasing and reaching the highest level in 5 years.

But even in that more challenging scenario, our volumes were still very healthy during

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