Societe Generale SA (XTER:SGE)
€ 26.54 -0.255 (-0.95%) Market Cap: 21.15 Bil Enterprise Value: 10.78 Bil PE Ratio: 8.52 PB Ratio: 0.31 GF Score: 65/100

Societe Generale SA at Morgan Stanley Financials Conference (Virtual) Transcript

Mar 16, 2021 / 04:00PM GMT
Release Date Price: €21.68 (-0.87%)
Giulia Aurora Miotto;William Kadouch;Chassaing;tÃ;GÃ;nÃ;rale SociÃ;tÃ;anonyme<
Morgan Stanley, Research Division - VP and Equity Analyst;SociÃ

Good afternoon, everyone, and thanks for joining us for a fireside chat with SocGen. But before I go into the -- into our session, can I ask investors please to answer a quick polling question, which should be coming up on the right side of your page.

So what do you think is most important for SocGen share price rerating over the coming 12 months? And a, a rebound in revenues, especially in GBIS; b, asset quality, so cost of risk well below 2020 levels, which was 64 basis points and heading towards through the cycle; c, asset disposals; or d, macro, so reflation and steepening of the yield curve.

And while I leave, if you want to investors -- for investors to answer, and I'm joined this afternoon by William Kadouch-Chassaing, CFO of SocGen. William, thank you very much for being with us from Paris.

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