AIB Group PLC (OTCPK:AIBGY)
$ 11.48 -0.1 (-0.86%) Market Cap: 13.37 Bil Enterprise Value: -14.17 Bil PE Ratio: 6.11 PB Ratio: 0.90 GF Score: 69/100

Full Year 2021 Aib Group PLC Earnings Call Transcript

Mar 03, 2022 / 09:00AM GMT
Release Date Price: $5.87
J. Colin Hunt
AIB Group plc - CEO & Executive Director

Good morning, ladies and gentlemen, and welcome to our Third Virtual Annual Results Presentation. I'm deeply conscious that we are reporting numbers today, while on the other side of our continent, a terrible war is being waged against the people of Ukraine. A humanitarian crisis is unfolding in real time before our very eyes, and this organization will fully embrace all measures undertaken by the European Union in response to the invasion of Ukraine.

I'll spend a few minutes reviewing our progress in 2021, outlining our priorities for 2022 as well as our plans for the years beyond before I hand over to Donal, who will bring us through the financial details.

We are presenting our results today against the backdrop of buoyant activity as COVID restrictions ease, the domestic economy reopens and normal life resumes in Ireland, at least. Notwithstanding the current uncertainty and acute geopolitical stresses, the post-COVID fundamentals of our economy looks strong and robust with growth of more than 7% forecast this year. Ireland

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