The Western Union Co (MEX:WU)

MXN 223 0 (0%) Market Cap: 72.86 Bil Enterprise Value: 65.78 Bil PE Ratio: 5.48 PB Ratio: 5.53 GF Score: 58/100

Western Union Co at Wolfe Research Fintech Forum Transcript

Mar 13, 2019 / 02:25PM GMT

Release Date Price: MXN350.13

Transcript

Darrin David Peller;Rajesh K. Agrawal

Wolfe Research, LLC - MD & Senior Analyst;The Western Union Company - Executive VP, CFO & Global

Thank you, everyone, for joining us this morning on the second day of our conference. And I just want to start off by saying we've known this company for a long time. And I think from our perspective, it's intriguing to see the reach of its network still being as strong as it is.

And now we're seeing some elements of change actually in the company where there was a piece of your business that was just -- or in the announcement that you're going to be selling a piece of the business to really hone in and focus on more of the cross-border side, right?

So I think there could be some transformational things happening. But with that, maybe we'll just start off to -- with, if you don't mind, at least, providing the audience with a quick update on the business, quick update on the last quarter, and you just provided your '19 outlook. So maybe just provide for anyone that didn't hear it necessarily, get a quick update.

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