AXA : Solvency margin expected to show a small improvement
>The rebound in revenues is expected to continue - AXA is due to report its activity indicators on 4 November after trading with a conference call scheduled for the following morning. We forecast total revenues of € 75.5bn (+2.9%), in line with the consensus (€ 75.4bn), with Q3 2021 revenues of € 21.7bn (+3.3%). Organic growth should therefore more than offset forex impacts and the transactions carried out (CEE and operations in the Gulf). By business line, we forecas...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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