(CercleFinance.com) – The Group’s net profit amounted to 1.5 billion euros (excluding the impact of Russia) which translates into a CET1 ratio of 15.73%.
Net sales for the 2nd quarter of 2022 amounted to 4.4 billion euros, up 12.5% year-on-year (excluding Russia).
Q2 2022 operating costs were reduced by 4.4% year-on-year (excluding Russia), demonstrating the Group’s discipline in managing the cost base while protecting revenue generation.
UniCredit has improved its financial forecast for 2022, with revenue exceeding 16.7 billion euros and net profit of around 4.0 billion euros, excluding Russia.
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