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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  UniCredit SpA    UCG   IT0005239360

UNICREDIT SPA

(UCG)
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UniCredit : could shift December presentation from London over Brexit

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08/07/2019 | 10:54am EDT
FILE PHOTO: Porta Nuova's district is pictured in downtown Milan

MILAN (Reuters) - Italy's UniCredit could move a presentation of its latest business plan from London to Milan in the event of a no-deal Brexit, Chief Executive Jean Pierre Mustier said on Wednesday, emphasising the bank's European focus.

Mustier, a Frenchman, is due to unveil the bank's new 2020-2023 plan to investors on Dec. 3 in the British capital.

But with Prime Minister Boris Johnson vowing to pull Britain out of the European Union without a deal on Oct. 31 if Brussels refuses to renegotiate the terms of the divorce, Mustier was keen to show his European credentials.

"If we have a no deal Brexit, maybe we will have a financial communication in Milan because we want to remain in Europe. We are a very happy pan-European bank headquartered in Milan," he told reporters after the bank released first-half results.

(Reporting by Silvia Aloisi; Editing by Keith Weir)

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRITISH POUND (EUR/GBP) 0.06% 0.88435 Delayed Quote.-1.53%
UNICREDIT SPA 0.18% 10.904 End-of-day quote.10.01%
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Financials (EUR)
Sales 2019 18 565 M
EBIT 2019 8 536 M
Net income 2019 5 269 M
Debt 2019 -
Yield 2019 5,46%
P/E ratio 2019 4,38x
P/E ratio 2020 6,37x
Capi. / Sales2019 1,31x
Capi. / Sales2020 1,29x
Capitalization 24 247 M
Chart UNICREDIT SPA
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Technical analysis trends UNICREDIT SPA
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Average target price 14,03  €
Last Close Price 10,90  €
Spread / Highest target 55,6%
Spread / Average Target 28,7%
Spread / Lowest Target -44,9%
EPS Revisions
Managers
NameTitle
Jean-Pierre Mustier Chief Executive Officer & Director
Fabrizio Saccomanni Chairman
Ranieri de Marchis Co-Chief Operating Officer
Carlo Vivaldi Co-Chief Operating Officer
Mirko Davide Georg Bianchi Group Chief Financial Officer
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