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Maria Paz Ojeda
  • Maria Paz Ojeda

AXA: VENTAS 1T’24 (ANÁLISIS BANCO SABADELL)

Ventas 1T'24 vs 1T'23: Ingresos total grupo: 33.972 M euros (+6,8% vs +4,7% BS(e) y +6,1% consenso); No Vida: 19.754 M euros (+6,5% vs +4,7% BS(e) y +5,5% consenso); Vida: 9.014 M euros (+7,4% vs +4,2% BS(e) y +7,4% consenso); Salud: 9.014 M euros (+9,5% vs +6,0% BS(e) y +6,2% consenso); Gestión de activos: 385 M euros (2,7% vs 3,2% BS(e) y 0,0% de consenso).

Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA

AXA : Significant price increases in P&C personal lines

>Group revenues up 6% l-f-l in Q1 - AXA reported its Q1 activity indicators after trading yesterday evening and will hold its investor conference this morning. Total group revenues came in at € 33.972bn (+6.8% reported, +6% l-f-l), slightly below our forecast (€ 34.345bn), but just ahead of the consensus (€ 33.776bn). In P&C, revenues amounted to € 19.8bn (+7% l-f-l), with growth for both commercial lines (+7% l-f-l) and personal lines (+6% l-f-l), as well as an in...

Research Department
  • Research Department

INFORME DIARIO 03 MAYO + RDOS. ESPAÑA Y EUROPA 1T’24. IDEAS DESTACADAS...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACERINOX, IBERDROLA. EUROPA: AXA, LINDE, SOCIÉTE GÉNÉRALE. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 1T’24 que se publicarán en España y Europa en los próximos días. Dudas en el mercado a pesar de una Fed complaciente A excepción del Ibex y FTSE 100, jornada en rojo en las principales bolsas europeas c...

Benoit Valleaux
  • Benoit Valleaux

Allianz : Solid operating profit expected in Q1 2024

>We are forecasting Q1 2024 operating profit of € 3.9bn - Allianz is due to report its Q1 2024 results on 15 May. We are forecasting operating profit of € 3,886m (+4.2%), in line with the consensus (€ 3,897m, +4.4%e). Q1 operating profit should, in our view, confirm the fact that Allianz should report a full-year operating profit at the upper end of the guidance range (€ 14.8bn, +/- € 1bn, bearing in mind that 1/4 of the average point of the target range is equivalent...

Benoit Valleaux
  • Benoit Valleaux

Allianz : Un RO solide attendu au T1 2024

>Nous prévoyons un RO de 3.9 Md€ au T1 2024 - Allianz publiera son RN du T1 2024 le 15 mai prochain. Nous prévoyons un RO de 3 886 M€ (+4.2%), en ligne avec le consensus (3 897 M€, +4.4%e). Le T1 devrait ainsi, selon nous, confirmer la capacité d’Allianz de publier un RO en année pleine 2024 dans le haut de la fourchette cible (14.8 Md€, +/- 1 Md€, sachant que 1/4 du point moyen de la fourchette cible équivaudrait à 3.7 Md€ de RO/trimestre en moyenne sur 2024). Pour r...

Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA

AXA : Fortes augmentations tarifaires en assurance dommages de particu...

>Les revenus du groupe sont en hausse de 6% en comparable au T1 - AXA a publié hier soir après Bourse ses indicateurs d’activité du T1 et tiendra ce matin sa conférence téléphonique investisseurs. Les revenus totaux du groupe se sont élevés à 33 972 M€ (+6.8% en publié, +6% à données comparables), légèrement inférieurs à notre attente (34 345 M€), mais légèrement supérieurs au consensus (33 776 M€). En assurance dommages, les revenus ont été de 19.8 Md€ (+7% à donnée...

 PRESS RELEASE

CREDIT AGRICOLE SA: Q1-2024 Results : THE GROUP CONTINUES TO GROW

CREDIT AGRICOLE SA: Q1-2024 Results : THE GROUP CONTINUES TO GROW THE GROUP CONTINUES TO GROW   CASA AND CAG STATED AND UNDERLYING DATA Q1-2024               CRÉDIT AGRICOLE S.A.   CRÉDIT AGRICOLE GROUP     Stated   Underlying     Stated   Underlying Revenues   €6,806m+11.2% Q1/Q1   €6,797m+10.5% Q1/Q1     €9,525m+6.7% Q1/Q1   €9,475m+5.8% Q1/Q1 Expenses   -€3,669m-4.5% Q1/Q1   -€3,649m-5.0% Q1/Q1     -€5,589m-5.4% Q1/Q1   -€5,569m-5.8% Q1/Q1 Gross Operating Income   €3,137m+37.6% Q1/Q1   €3,148m+36.1% Q1/Q1     €3,936m+30.4% Q1/Q...

 PRESS RELEASE

CREDIT AGRICOLE SA : Résultats T1-2024 : LE GROUPE POURSUIT SON DEVELO...

CREDIT AGRICOLE SA : Résultats T1-2024 : LE GROUPE POURSUIT SON DEVELOPPEMENT LE GROUPE POURSUIT SON DÉVELOPPEMENT   DONNÉES PUBLIÉES ET SOUS-JACENTES CASA ET GCA T1-2024               CRÉDIT AGRICOLE S.A.   GROUPE CRÉDIT AGRICOLE     Publié   Sous-jacent     Publié   Sous-jacent Revenus   6 806 m€+11,2% T1/T1   6 797 m€+10,5% T1/T1     9 525 m€+6,7% T1/T1   9 475 m€+5,8% T1/T1 Charges   - 3 669 m€-4,5% T1/T1   - 3 649 m€-5,0% T1/T1     - 5 589 m€-5,4% T1/T1   - 5 569 m€-5,8% T1/T1 Résultat Brut d’Exploitation   3 137 m€+37,6% T1/T1 ...

 PRESS RELEASE

COFACE SA: Disclosure of total number of voting rights and number of s...

COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at 30 April 2024 COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at 30 April 2024 Paris, 2nd May 2024 – 17.45 Total Number of Shares CapitalTheoretical Number of Voting Rights1Number of Real Voting Rights2150,179,792150,179,792149,427,501 (1)   including own shares(2)   excluding own shares  Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the websi...

 PRESS RELEASE

Danone acquires Functional Formularies

Danone acquires Functional Formularies Press release – Paris, May 01, 2024 Danone acquires Functional Formularies Danone announces today it has successfully completed the acquisition of Functional Formularies, a leading whole foods tube feeding business in the US, from Swander Pace Capital. As part of the Renew Danone strategy, this acquisition strengthens Danone’s Medical Nutrition portfolio in the US by further expanding its enteral tube feeding ranges. Juergen Esser, Deputy CEO and CFO, said: “As a global leader in Medical Nutrition, we are delighted to welcome Functional Formularie...

 PRESS RELEASE

Danone acquiert Functional Formularies

Danone acquiert Functional Formularies Communiqué de presse – Paris, le 1er mai 2024 Danone acquiert Functional Formularies Danone annonce aujourd’hui avoir réalisé l’acquisition de Functional Formularies, leader aux Etats-Unis de l’alimentation par sonde à base d’aliments, auprès de Swander Pace Capital. Dans le cadre de la stratégie Renew Danone, cette acquisition renforce le portefeuille de Danone en Nutrition Médicale aux Etats-Unis, élargissant sa gamme d’alimentation entérale. Juergen Esser, Directeur Général Adjoint et Directeur Financier : « Nous sommes ravis d'accueillir Funct...

 PRESS RELEASE

CREDIT AGRICOLE SA: CREDIT AGRICOLE S.A. ORDINARY AND EXTRAORDINARY GE...

CREDIT AGRICOLE SA: CREDIT AGRICOLE S.A. ORDINARY AND EXTRAORDINARY GENERAL MEETING OF 22 MAY 2024 Montrouge, 30 April 2024 CREDIT AGRICOLE S.A. ORDINARY AND EXTRAORDINARY GENERAL MEETING OF 22 MAY 2024 Publication of the Notice of Meeting – Opening of the vote –Procedures for making the preparatory documents available Crédit Agricole S.A. informs its shareholders that its Ordinary and Extraordinary General Meeting will be held on Wednesday, 22 May 2024 at 10.00 am in Orléans (45100), France, at Palais des Congrès CO’Met, 1 rue du Président Robert Schuman. A Notice of Meeting, including...

 PRESS RELEASE

CREDIT AGRICOLE SA : ASSEMBLÉE GÉNÉRALE ORDINAIRE ET EXTRAORDINAIRE DE...

CREDIT AGRICOLE SA : ASSEMBLÉE GÉNÉRALE ORDINAIRE ET EXTRAORDINAIRE DE CRÉDIT AGRICOLE S.A. DU 22 MAI 2024 Montrouge, le 30 avril 2024 ASSEMBLÉE GÉNÉRALE ORDINAIRE ET EXTRAORDINAIRE DE CRÉDIT AGRICOLE S.A. DU 22 MAI 2024 Publication de la brochure de convocation – Ouverture du vote – Modalités de mise à disposition des documents préparatoires Crédit Agricole S.A. informe ses actionnaires que son Assemblée générale ordinaire et extraordinaire se tiendra le mercredi 22 mai 2024 à 10h00 à Orléans (45 100), au Palais des congrès CO’Met - 1 rue du Président Robert Schuman. Un avi...

 PRESS RELEASE

Claire McDonald is appointed CEO of SCOR Business Solutions and member...

Claire McDonald is appointed CEO of SCOR Business Solutions and member of SCOR’s Executive Committee Press release29 April 2024 - N° 06 Claire McDonald is appointed CEO of SCOR Business Solutions and member of SCOR’s Executive Committee Claire McDonald joins SCOR as CEO of SCOR Business Solutions (SBS), the company’s large corporate risks insurance unit, previously named SCOR Specialty Insurance. She will also serve as a member of the Executive Committee. Claire will be responsible for affirming SBS’s position as a technical Specialty Commercial Insurer, focusing on building a bala...

 PRESS RELEASE

Claire McDonald est nommée Directrice générale de SCOR Business Soluti...

Claire McDonald est nommée Directrice générale de SCOR Business Solutions et membre du Comité exécutif de SCOR Communiqué de presse29 avril 2024 - N° 06 Claire McDonald est nommée Directrice générale de SCOR Business Solutions et membre du Comité exécutif de SCOR Claire McDonald rejoint SCOR en qualité de Directrice générale de SCOR Business Solutions (SBS), l’unité du Groupe consacrée aux grands risques d’entreprise qui était auparavant dénommée SCOR Specialty Insurance (Assurance de spécialités). Claire sera également membre du Comité exécutif. Elle sera chargée d’asseoir la posi...

 PRESS RELEASE

STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status of Common Share Repurchase Program STMicroelectronics Announces Status ofCommon Share Repurchase Program Disclosure of Transactions in Own Shares – Period from Apr 22, 2024 to Apr 26, 2024 AMSTERDAM – April 29, 2024 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated July 1, 2021. The Program was approved by a shareholder resoluti...

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