AIB Group PLC (OTCPK:AIBGY)
$ 11.21 -0.4 (-3.45%) Market Cap: 13.05 Bil Enterprise Value: -14.29 Bil PE Ratio: 5.97 PB Ratio: 0.88 GF Score: 64/100

Full Year 2018 AIB Group plc Earnings Call Transcript

Mar 01, 2019 / 09:00AM GMT
Release Date Price: $9.4 (-3.09%)
Richard A. Pym
AIB Group PLC - Non-Executive Chairman

Well, welcome, everyone, to our 2018 results announcement. As you probably noticed as you came in, we're sitting surrounded by a major demolition site. And after 40 years in Ballsbridge, we relocate to more suitable space, and Facebook get to move in their European HQ. So for those watching over the webcast, that explains any extraneous noise. If there are thumps or bangs, it's the demolition folk next door.

So this is our last results announcement from this particular stage and the end of an era as we transition the executive leadership of the bank. And the results we announce today are strong ones. The business has performed well in 2018, and we are pleased to be able to increase the dividend by over 40%.

Our capital ratios are strong and the quality of the balance sheet improved. So this is a very good position that Bernard and Mark are handing over to their successors, who are determined to build further on this success.

Mark left last night, and Bernard leaves when the regulatory processes are concluded.

So

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