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

AXA : Very good operational trends in H1 2021

>An increase in revenues and improvement in the product mix - AXA released its H1 2021 earnings yesterday morning. Moreover, the board of directors has announced its intention to propose a four-year renewal of Thomas Burberl’s mandate as group CEO at the AGM in 2022. AXA posted gross revenue of € 53.9bn for H1 21 (+3% on a reported basis, +7% l-f-l), a shade above forecasts (consensus at € 52.5bn, our forecast at € 53.2bn), with l-f-l growth of 4% in P&C insurance (o...
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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