Milan, July 31 (LaPresse) – "Mediobanca confirms growth across all its divisions for the 2024/25 fiscal year, consolidating the main initiatives of the 'One Brand-One Culture' Plan. The professionalism, independence, and strength of the Mediobanca brand have allowed us to achieve the set objectives despite challenges stemming, on one hand, from a weakened macroeconomic scenario due to increased geopolitical and trade tensions, and on the other, from the impact of the MPS takeover bid on corporate management. The promising growth and value prospects of the Group were presented at the end of June with the extension of the Plan to 2028."
These were the comments of Alberto Nagel, CEO of Mediobanca, on the 2024-25 fiscal results.
"Mediobanca is focused on executing its strategy and rejects the MPS offer as it lacks industrial rationale, is financially unfavorable for Mediobanca shareholders, and obstructs the further transformation of the Mediobanca Group, together with Banca Generali, into a leader in Wealth Management and a key player in the Italian and European financial landscape," Nagel added.
© Copyright LaPresse
