AXA : Favourable operational momentum continues
>A robust increase in revenue anticipated for 9M 2024 - AXA is due to publish its trading indicators for 9M 2024 after market on 30 October. We forecast total revenues of € 84,562m (+7.4% on a reported basis), a shade above the consensus (€ 84,142m). Our forecast corresponds to l-f-l revenue growth of 7%, stable vs H1 2024, above the target for average annual growth of 5% in the group’s three-year plan out to 2026. We forecast revenue of € 24,690m (+7.2% reported) for...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.
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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