The group reported a good set of quarterly results. The attributable profit came out with a €1,598m profit, ahead of expectations in spite of more than €200m of extraordinary charges. Management reiterated its guidance for 2017 and 2018 after a 2016 delivery ahead of plan.
25 Jan 2017
Quarterly performance on track as planned
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Quarterly performance on track as planned
Banco Santander, S.A. (BNC:LON) | 387 5.8 0.4% | Mkt Cap: 61,245m
- Published:
25 Jan 2017 -
Author:
David Grinsztajn -
Pages:
3
The group reported a good set of quarterly results. The attributable profit came out with a €1,598m profit, ahead of expectations in spite of more than €200m of extraordinary charges. Management reiterated its guidance for 2017 and 2018 after a 2016 delivery ahead of plan.