Report
Benoit Valleaux ...
  • Steven Gould

Amundi : Strong operating momentum expected in Q2 2021

>Net inflows likely to be penalised by seasonal effects - Amundi is due to report its Q2 2021 net income on 30 July. Net inflows are likely to be almost zero for the quarter (the consensus forecasts net outflows of € 1bn while we forecast net inflows of +€ 1bn), vs net outflows of € 0.7bn in Q2 2020. Amundi posted net outflows of € 12.7bn in Q1 2021, penalised notably by net outflows: 1/ for institutions on cash products, and; 2/ for the JV in China (Channel Business)...
Underlying
Amundi SA

Amundi is a holding company. Through its subsidiaries, Co. provides advisory and investment management services. Co. provides savings, financial instruments, equity trading, credit activities, and investment solutions for both private individuals and institutional and corporate clients worldwide.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Steven Gould

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