Report

Unicredit : Un trimestre ‘sans’, mais le (bon) cap est maintenu !

>T3 2018 pénalisé par la Turquie mais l’underlying reste solide - Unicredit a publié des chiffres au T3 2018 nécessitant selon nous une double lecture : le RN publié s’établit à 29 M€ (vs cons 907 M€), le gap s’expliquant par des éléments non-récurrents (essentiellement 0.85 Md€ de dépréciations sur la Turquie) / ajusté, le RN ressort proche des attentes à 875 M€ (-4% vs cons) avec un opérationnel underlying solide et en phase avec le plan stratégique MT.Revenus ...
Underlying
UniCredit S.p.A.

Unicredit is a pan-European commercial banking group based in Italy. Co. is engaged in the provision of in-branch and online corporate and investment banking services, providing customers with access to banks in 14 core markets as well as to an another 18 countries worldwide. Co.'s operations are organized along six business lines: Commercial Banking Italy; CEE Division; CIB; Commercial Banking Germany; Commercial Banking Austria; and Asset Gathering. Co.'s European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Slovakia, Slovenia, Serbia and Turkey.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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