Societe Generale (SCGLY.PK): Q1 net profit of €1.06B ($1.4B) vs. €658M consensus and a €278M net...

|About: Societe Generale ADR (SCGLY)|By:, SA News Editor
Societe Generale (SCGLY.PK): Q1 net profit of €1.06B ($1.4B) vs. €658M consensus and a €278M net loss the year before. Revenue +34% to €6.58B. Provisions for future losses -16% to €1.13B. SocGen, which has a 54% stake in Greek lender Geniki Bank, says its Greek exposure was around €3B at the end of April.