BCP Results, Q2 2015

Page created: Monday, 27 July 2015 17:17GMT | Updated: Monday, 3 August 2015 12:24GMT

Press Release:  27 July 2015 - 62 Page(s)
Tags:
Earnings Report  Millenium BCP

Net profit at €240.7 million in the 1st half of 2015, compared to €62.2 million losses in the same period of 2014.

Core net income* up by 62.6% to €423.5 million in 1H15 from €260.4 million in 1H14, reflecting increased net interest income (up 26.6%, including a 58.5% increase in Portugal) and lower operating costs (down 3.7% overall and 9.3% in Portugal).

Impairment and provision charges of €566.8 million in the 6-month period to June 30, 2015, taking advantage of gains on sovereign debt to reinforce coverage.



Original title:  EARNINGS PRESENTATION JULY 2015 1H 2015

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