Once again, the group exceeded both management and consensus expectations. As a result, the management upgraded its 2024 profitability guidance to levels corresponding to investors’ pre-2008 requirements, thus suggesting that the cost of the regulatory tightening has been fully passed on to customers.
28 Jul 2023
Upgraded profitability targets
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Upgraded profitability targets
- Published:
28 Jul 2023 -
Author:
David Grinsztajn -
Pages:
2
Once again, the group exceeded both management and consensus expectations. As a result, the management upgraded its 2024 profitability guidance to levels corresponding to investors’ pre-2008 requirements, thus suggesting that the cost of the regulatory tightening has been fully passed on to customers.