Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

AXA : A marked increase in underlying earnings anticipated in 2022

>Continued revenue growth in preferred segments - AXA is due to publish its FY 2022 results on Thursday 23 February, before market open. We forecast premiums of € 102.5bn, (+2.6%) for FY 2022 (i.e. € 24.2bn in Q4 2022, +0.8%), a shade above the consensus (€ 102.0bn). AXA should continue to improve its product mix with growth anticipated for the preferred business lines. We forecast a 4.8% increase in premiums in P&C benefiting from favourable momentum on prices. We an...
Underlying
AXA
AXA

AXA is a holding company. Through its subsidiaries, Co. is engaged in insurance and assets management. Co. operates primarily in Europe, North America, the Asia-Pacific Region and, to a lesser extent, in other regions including the Middle East, Africa, and Latin America. Co. has five operating business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management, and Banking. In addition, various holding companies within the AXA Group conduct certain non-operating activities. As of Dec 31 2013, Co. had total assets of Euro757,143,000,000.

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

Roland Pfaender,MBA,CFA,CCRA

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