Lloyds Banking Group PLC (NYSE:LYG)
$ 2.7 -0.05 (-1.82%) Market Cap: 40.52 Bil Enterprise Value: 68.99 Bil PE Ratio: 7.88 PB Ratio: 0.72 GF Score: 64/100

Q1 2019 Lloyds Banking Group PLC Interim Management Statement Call Transcript

May 02, 2019 / 08:30AM GMT
Release Date Price: $3.24 (-0.31%)
Operator

Thank you for standing by, and welcome to the Lloyds Banking Group Q1 2019 Interim Management Statement Conference Call. (Operator Instructions) There will be a presentation by George Culmer followed by a question-and-answer session. (Operator Instructions) Please note this call is scheduled for 1 hour. I must advise you this conference is being recorded today.

I will now hand the conference over to George Culmer. Please go ahead.

Mark George Clifford Culmer
Lloyds Banking Group plc - CFO & Executive Director

Hi there, and thanks for that. Good morning, everybody, and welcome to the call. I will give a short presentation and then we'll open it up to Q&A.

In Q1, we've made a good strategic progress and delivered another strong set of results with statutory profit and EPS up 2%. Starting with strategic progress on the first slide. Last February, we set out an ambitious plan to build on the progress of recent years to transform the group for success in a digital world. We have made a strong start. Our transformation is accelerating and

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