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UniCredit Delivers Larger-than-Expected Q3 Profits Along with 2023 Outlook

UniCredit has marginally increased its revenue projections for the year 2023 while anticipating a minimum net profit of 7.25 billion euros this year. On Tuesday, October 24, Italy’s UniCredit announced its Q3 2023 results with larger-than-expected profits. The boost in profits comes amid high rates that boosted the company’s income. Besides, UniCredit is also holding up on its full-year profit goals adding that it would take more time to decide on how to capitalize this year’s...

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