India, Feb. 9 -- Italian banking group UniCredit SpA (UCG.MI, UNCRY, UNCFF) reported Monday higher profit in its fourth quarter, despite weak revenues. Further, the company issued outlook for fiscal 2026 and fiscal 2028, expecting growth in profit and revenues.
The company added that its total cumulative distributions ambition is at around 30 billion euros in the next three years and at circa around 50 billion euros in the next five years.
In the fourth quarter, stated net profit grew 10 percent to 2.17 billion euros from last year's 1.97 billion euros.
Net profit for the quarter was 1.83 billion euros, up 17.2 percent from 1.56 billion euros a year ago. Earnings per share of 1.22 euros climbed 18.1 percent from last year.
Total revenue...