Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

AXA : Un redressement attendu de la rentabilité après la crise

>Amélioration du mix produits - AXA publiera son RN du S1 2021 lundi 2 août prochain avant Bourse. Nous prévoyons des primes de 53.2 Md€ (+1.6% au S1 vs -3.0% au T1), légèrement supérieur au consensus (52.5 Md€), le T2 bénéficiant d’un effet de base favorable (les revenus du T2 2020 ayant été impactés par la crise). Nous prévoyons toujours un bon mix-produits et une amélioration de la rentabilité des affaires nouvelles avec : 1/ une croissance organique des revenus pl...
Underlying
AXA
AXA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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