March 13, 2008 / 11:58 AM / 12 years ago

UniCredit cannot confirm 2008 targets-CEO

MILAN, March 13 (Reuters) - Europe’s third-largest bank UniCredit (CRDI.MI) cannot confirm its target for earnings per share of 0.66 euros this year because of the impact of market volatility on its investment banking unit, its CEO said.

“We are not confirming the target”, Profumo said on Wednesday in a presentation to analysts on 2007 results.

“The market is already significantly discounting this,” he added.

Reporting by Clara Ferreira-Marques, writing by Jo Winterbottom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below