Report
Benoit Valleaux

April : Favourable momentum in EBIT in 2018, pending the bid

>Current EBIT growth of 12% in 2018 - On Wednesday evening, April reported its 2018 net income figures and the financial presentation was held on Thursday. The group had reported its 2018 sales figures some weeks earlier. They weighed in at € 997.2m, up 7.4% on a reported basis (+5.4% l-f-l), with a 4.9% increase in commissions (+7.9% in health & personal protection and -0.7% in property & casualty).Current EBIT in 2018 came to € 77.8m, up 12.2%, higher than fore...
Underlying
APRIL

April Group designs, sells and manages insurance products through distributors, managers, insurers and reinsurers. Co. divides its activities into four divisions: Health and Personal Protection, Property and Casualty, International (mobility/assistance) and Protection and Legal Services. Health and Personal Protection designs, manages and distributes individual and collective policies; Property and Casualty designs, manages and distributes property and casualty policies for individual clients; International division (mobility/assistance) designs, manages, and distributes policies for individuals and businesses settled abroad; and Protection and Legal Services focuses of legal activities.

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

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