Amundi : Slight drop in Q1 operating profit expected due to crisis and high comps
>Drop in assets under management set to remain limited - Amundi is due to report its Q1 2022 results on 29 April. This will be the first set of quarterly results reported by the group since the acquisition of Lyxor, finalised at end-2021. These results will naturally be impacted by market fluctuations and the crisis in Q1, even though the conflict in Ukraine began on 24 February. The consensus sees net outflows of € 1.9bn in the quarter, with net outflows of € 6.5bn e...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.
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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