The group posted underlying results in line with guidance, confirming ongoing top-line expansion, strong cost control and benign asset quality trends. However, the latter will not translate into a normalisation of the cost of risk this year as management intends to create upbeat conditions for its next business plan to be disclosed along with the full-year results. The contribution of the Venetian banks will be EPS neutral this year and management ruled out any extra dividend. Hence, on an un ....