Home Ā» UniCredit beats Orcel earnings estimates: “Mergers yes, but not with Mps”

UniCredit beats Orcel earnings estimates: “Mergers yes, but not with Mps”

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UniCredit’s 2021 is destined to close above initial forecasts, thanks to an income performance in the first nine months of the year higher than expected: 1.1 billion profit in the third quarter (838 million in estimates) for a total of 3 , 1 billion euros in the three quarters. And if from a strategic point of view the group does not exclude potential aggregations (which are not “a purpose in themselves” but which must be done under the “right conditions”, says CEO Andrea Orcel without doubt), one …

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