Mediobanca SpA (MIL:MB)
€ 15.245 0.065 (0.43%) Market Cap: 12.75 Bil Enterprise Value: 36.20 Bil PE Ratio: 15.21 PB Ratio: 1.16 GF Score: 71/100
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Q2 2020 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript

Feb 06, 2020 / 01:00PM GMT
Release Date Price: €9.42 (-1.59%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Mediobanca Half-Year 2019-2020 Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 6th of February 2020.

And I would now like to hand the conference over to your speaker today, Mr. Alberto Nagel, CEO. Please go ahead, sir.

Alberto Nicola Nagel
Mediobanca Banca di Credito Finanziario S.p.A. - CEO & Director

Thank you very much. Good afternoon for joining the call. In commenting this first 6 months' results, I mean the most important element was the very strong business activity that reverted into very strong commercial results. In a nutshell, we have registered a net new money for EUR 2 billion in managed assets in the last 6 months, and we have established a record for the group of having EUR 1.6 billion in the last Q.

New loans totaled EUR 5 billion in the last 6 months in Mortgages and Consumer with a record of EUR 2.8 billion in the last quarter. On the back of this very strong commercial

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