Moneta Money Bank AS (XPRA:MONET)
Kč 119 -0.8 (-0.67%) Market Cap: 60.40 Bil Enterprise Value: 68.83 Bil PE Ratio: 11.05 PB Ratio: 1.90 GF Score: 51/100

Q1 2019 Moneta Money Bank as Earnings Call Transcript

May 02, 2019 / 07:00AM GMT
Release Date Price: Kč75.1 (+2.60%)
Operator

Good morning, ladies and gentlemen, welcome to MONETA Money Bank Q1 2019 Financial Results Conference Call. MONETA is represented by Tomáš Spurný, Carl Normann Vökt, Jan Fricek, Albert van Veen, Jan Novotný, Andrew Gerber and Linda Kavanová. Our speakers are ready to answer your question in the second part of the presentation.

Now we're pleased to announce our first quarter 2019 results, which were published today on MONETA website.

Please let me send over to Mr. Spurný. Sir, the floor is yours.

TomÃ;Å;Spurný
MONETA Money Bank, a.s. - Chairman of the Management Board & CEO

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Ladies and gentlemen, good morning, I welcome you to our quarterly call. I would start with Page 2 where we have the key developments in first quarter of 2019. We are pleased to announce that our operating income expanded by 6.9%. This is driven mainly by expansion of the net interest income at 8.4% in the first quarter. And I would like to mention that it is actually 3 years, almost 3 years since we've been in IPO-ed, and we

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