2023-08-03 19:19:30
Net banking income, equivalent to turnover for the sector, on the other hand fell by 8.9%, to around 6 billion euros. Florence Piot / stock.adobe.com
Like the majority of the French sector, the bank saw its income fall in the second quarter.
Successful baptism of fire for Slawomir Krupa. The Paris Stock Exchange welcomed Thursday the presentation of its first quarterly results as CEO of Societe Generale. The action of the bank with the red and black logo has soaring 3.48% and ended the session at the top of the CAC 40 stocks. “There is a Krupa effectnotes an observer. Investors expect a lot from him and want to believe in him. »
The Societe Generale group, which Slawomir Krupa has headed since May, returned to the green in the second quarter with a net profit of 900 million euros. An amount higher than analysts’ expectations (670 million euros), which explains the stock market “rally”. This contrasts with the heavy loss linked, a year ago, to the hasty exit from Russia with the sale of its Rosbank subsidiary. “The group achieved an honorable performance, at the end of an important quarter in terms of strategic achievements”comments Slawomir Krupa.
There is a Krupa effect, notes an observer. Investors expect a lot from him and want to believe in him
an observer
The income from…
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