Credit Agricole SA (XPAR:ACA)
€ 12.91 -0.115 (-0.88%) Market Cap: 39.05 Bil Enterprise Value: -241.50 Bil PE Ratio: 7.00 PB Ratio: 0.56 GF Score: 77/100

Half Year 2021 Credit Agricole SA Earnings Call Transcript

Aug 05, 2021 / 12:00PM GMT
Release Date Price: €11.93 (-0.30%)
Operator

Good day, and thank you for standing by, and welcome to the Crédit Agricole Q2 and Half Year Results 2021 Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Jerome Grivet, CFO. Please go ahead, sir.

Jerome Grivet;dit Agricole S.A.;Deputy GM;CFO
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Good afternoon, everyone. I'm happy to share this hour or 1.5 hours with you for the presentation of our Q2 and H1 results, which, as you have seen, are very good results. And I should say that these results are good. It's not a surprise because as Philippe Brassac explained it several times yesterday in front of the Board in the context of these very specific crisis where public authorities have put in place several measures in order to protect the economy, it's not a surprise that banks have good results.

Nevertheless, I think that our results are specifically good with a net profit, and you can see

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