Ageas : We are forecasting a solid result for Q4 2019
>Net result up sharply - Aegon is due to report its 2019 net result on Thursday, 19 February before the market open. We are forecasting a net result of € 1,007m in 2019 (+24.5%e vs 2018), a shade below the consensus (€ 1,014m), and corresponding to a net result of € 130m for Q4 2019 alone (-15% est. vs Q4 2018) penalised by the holding company’s result. The result for the insurance activities alone is forecast up 93% in Q4 2019 (and up 41% over full-year 2019), relati...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.
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