Q3 2019 Unipol Gruppo SpA Earnings Pre-Recorded Presentation Transcript

Nov 08, 2019 / NTS GMT
Presentation
Nov 08, 2019 / NTS GMT

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Corporate Participants
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* Gianluca Santi
Unipol Gruppo S.p.A. - General Manager of Business Development and Corporate Communications

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Gianluca Santi - Unipol Gruppo S.p.A. - General Manager of Business Development and Corporate Communications

Good morning. My name is Gianluca Santi, and I'm the General Manager of Business Development and Corporate Communications at Unipol Group. I'm going to take you through our 9 months results released today.

At Unipol level, the actual results were affected by 2 nonrecurring items that I would like to highlight in order to clarify the reported figures. The first item is the positive impact of the consolidation of BPER already booked in the first semester and then adjusted to reflect the change in BPER equity. The second one is the cost of Solidarity Fund accounted for in the last quarter and disclosed in our strategic plan presented in May, which affects UnipolSai accounts as well.

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