Raiffeisen Bank International AG (XTER:RAW)
€ 16.81 -0.38 (-2.21%) Market Cap: 5.52 Bil Enterprise Value: -25.24 Bil PE Ratio: 2.40 PB Ratio: 0.29 GF Score: 71/100

Q3 2019 Raiffeisen Bank International AG Earnings Call Transcript

Nov 14, 2019 / 01:00PM GMT
Release Date Price: €22.09 (-3.07%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the conference call of Raiffeisen Bank International. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mr. Johann Strobl, Chief Executive Officer. Please go ahead, sir.

Johann Strobl
Raiffeisen Bank International AG - Chairman of the Board & CEO

Good afternoon, ladies and gentlemen. A very warm welcome to our Q3 call. I can share with you a couple of good developments. I think the most important one is that the core revenues grew significantly.

I have to add as a sort of disclaimer to all the comparison numbers that in -- bluntly speaking, if we just compare last year's figures with this year's figures, we are somehow not at the core of what we should look at because last year 10 months of Poland results had still be in, whereas this year they are not. So most of the time when I make comments on the development, I do this for adjusted numbers, so excluding the Polish core business. And based on that, I can say that we had a nice

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