Q1 EPS EUR 0.11, 22%/49% above ARC/Cons at EUR 0.09/EUR 0.08
Core revenues better than expected, loan loss provisions lower
Still uncertainty ahead, but strong report given the circumstances
We expect share to trade higher given a high quality earnings beat

29 Apr 2020
Q1: EPS beat as loss provisions come in low

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Q1: EPS beat as loss provisions come in low
Q1 EPS EUR 0.11, 22%/49% above ARC/Cons at EUR 0.09/EUR 0.08
Core revenues better than expected, loan loss provisions lower
Still uncertainty ahead, but strong report given the circumstances
We expect share to trade higher given a high quality earnings beat