AXA : An anticipated upturn in profitability after the crisis
>Improvement in the product mix - AXA is due to publish its H1 2021 results on Monday 2 August before market open. We forecast premiums written of € 53.2bn (+1.6% in H1 vs -3.0% in Q1), a shade above the consensus (€ 52.5bn), Q2 should benefit from a favourable comparison base (with Q2 2020 revenues impacted by the crisis). We still anticipate a good product mix and an improvement in profitability in new business with: 1/ more robust organic revenue growth in the segm...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.