FinecoBank SpA (WBO:FBK)
€ 15.68 0.095 (0.61%) Market Cap: 9.58 Bil Enterprise Value: 7.90 Bil PE Ratio: 10.55 PB Ratio: 4.35 GF Score: 88/100
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Q4 2019 FinecoBank Banca Fineco SpA Earnings Call Transcript

Feb 11, 2020 / 12:30PM GMT
Release Date Price: €11.09 (-5.54%)
Operator

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

At this time, I would like to turn the conference over to Mr. Alessandro Foti, CEO of FinecoBank. Please go ahead, sir.

Alessandro Foti
FinecoBank Banca Fineco S.p.A. - CEO, GM & Executive Director

Good morning, everyone, and thank you for joining our 2019 results conference call. 2019 confirmed once again a successful story of growth based on a sustainable strategy and a sound business model able to deliver solid results in every market conditions. We are very pleased to propose to the next annual general meeting a dividend per share of EUR 0.32, plus 5.6% year-on-year.

Before we start going through the details of the presentation, let me please underline our key messages. First of all, in 2019, we recorded a net profit amounting to EUR 288.4 million, plus 19.5% year-on-year. These results benefits from the tax break coming from the Patent Box, which is estimated

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