AXA : € 1.7bn share buyback programme launched
>Revenue trends continuing along the same lines as H1 - AXA yesterday evening released, after trading, its activity indicators for 9M 2021 (conference call scheduled for this morning). 9M 2021 revenues were € 76.0bn (+4% reported, +7% l-f-l) very slightly above expectations (consensus € 75.4bn, our forecast € 75.5bn), with trends continuing along the same lines as we saw in H1. We particularly note organic revenue growth of: 1/ +5% in P&C insurance, driven by growth i...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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