Banca Monte dei Paschi di Siena (FRA:MPI0)
€ 4.885 -0.049 (-0.99%) Market Cap: 6.13 Bil Enterprise Value: -1.19 Bil PE Ratio: 2.88 PB Ratio: 0.60 GF Score: 43/100
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Half Year 2019 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Aug 01, 2019 / 11:00AM GMT
Release Date Price: €16.73 (-1.03%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the MPS Second Quarter 2019 Results Conference Call. (Operator Instructions)

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

Marco Morelli
Banca Monte dei Paschi di Siena S.p.A. - CEO, GM & Director

Good morning, everybody, and thanks for attending our Half 1 results. I'm here, with our Deputy COO and CFO, Andrea Rovellini. We'll take you through a few slides. And then we are, as usual, open for questions.

Before we step into numbers and strategies on the key items of our P&L and balance sheet, let me make a few introductory remarks in order to give you a broad picture of our trajectory vis-�-vis of the restructuring plan and the commercial activity of MPS.

First of all, consistently to what I stated a number of times during Q presentations and during AGM that the gist of our ongoing management of the company is to make sure we do sail towards a

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