Unipol Gruppo SpA (MIL:UNI)
€ 10.11 0.605 (6.37%) Market Cap: 7.25 Bil Enterprise Value: 10.68 Bil PE Ratio: 5.69 PB Ratio: 0.84 GF Score: 59/100

Preliminary Q4 2023 Unipol Gruppo SpA and UnipolSai Assicurazioni SpA Earnings Call Transcript

Feb 16, 2024 / 11:00AM GMT
Release Date Price: €6.95 (+21.03%)
Operator

Ladies and gentlemen, good morning. This is the Chorus Call operator. This is the Q&A session on the rationalization of the Unipol Gruppo together with the preliminary consolidated results at the December 31, 2023. Gruppo Unipol Managing Director and CEO, UnipolSai, Matteo Laterza, will go through a short introduction, and he will then be available for taking your questions.

Mr. Laterza, please go ahead.

Matteo Laterza
Unipol Gruppo S.p.A. - CEO

Good afternoon, ladies and gentlemen, and thank you so much for being virtually with us. I'm sure you know the most important piece of news of today, which is the streamlining or rationalization of the group, thanks to the merger of UnipolSai into Unipol Gruppo Finanziario.

We will be considering the exchange rates. So 0.3 Unipol shares, UnipolSai exchange 1 share. At the same time, Unipol Gruppo is now launching a voluntary cash-based offer or tender, the price is EUR2.70. Again, at the same time, we have announced the results of last year 2023. These results are, in my opinion, very good, also

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