Ageas : Net profit on insurance activities set to fall vs a very high base of comparison in Q1 2018
>Net profit in insurance activities expected to fall vs a high base of comparison - Ageas is due to report its Q1 2019 earnings on Wednesday 15 May before the start of trading. We expect a net profit of € 264m (+6.5%), slightly higher than the consensus (€ 257m), lifted by a positive contribution from the holding company (positive RPN(I) impact of € 27m in Q1 2019). Conversely, we expect a fall of 17.7% in net profit from insurance activities to € 247m (in line with t...Ageas is an insurance company engaged in providing a range of life and non-life products distributed through a variety of channels. Co. focuses on helping its customers to mitigate risks related to property, casualty, life and pensions. Co. serves its customers through a combination of wholly owned subsidiaries, equity associates and partnerships, with financial institutions and distributors in Belgium, the U.K., Luxembourg, Italy, Portugal, Turkey, France, China, Malaysia, India, Thailand and Hong Kong. Co. is organized into five operating segments: Belgium, U.K., Continental Europe, Asia, and General Account.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.