Q2 2023 Banco Comercial Portugues SA Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the Millennium BCP First Half 2023 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Mr. Miguel Maya. Please go ahead.
Good afternoon, Miguel Maya speaking. Welcome to BCP Earnings Conference Call. As usual, I will mention the highlights of our performance, followed by Miguel Braganca and Bernardo Collaco, who will provide additional detail.
The profit of EUR 423 million on the first half of this year was based on a strong operational performance from the activity in our main markets, all having contributed positively, notably in Portugal, where the net income grew 118% and stood at EUR 354 million. The strong increase of the consolidated net income this half was also influenced by some one-offs in Poland to last year's first half and in
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