AXA : Bonne dynamique commerciale au T1 19
>Hausse des revenus de 2,7% à données comparables - AXA a publié en fin de semaine dernière (avec une conf call vendredi matin) ses revenus du T1 2019. Les revenus du groupe ont atteint 35,0 Md€, en hausse de 13,4% en publié et de 2,7% à données comparables, supérieurs aux attentes (consensus de 32,2 Md€, notre prévision de 31,3 Md€). On note en particulier par rapport aux attentes, une forte croissance pour AXA XL (combiné à une forte saisonnalité au T1) et un bon CA...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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