CNP Assurances: net income up 6% in 2018
(CercleFinance.com) - CNP Assurances has published net income, group share of 1,367 million euros, up 6.
4%, with gross operating income of 2,924 million euros, up 1.2% (+7.2% like-for-like), for 2018.
The group's cost/income ratio reached 29.6%, down 1.1 point, as a result of efforts to control management costs and the group's sales momentum, which increased by 0.7% to 32.4 billion euros. (+4.1% like-for-like).
The board of directors proposes to increase the group's dividend by 6% to 0.89 euro per share and announces the implementation of a policy which first and foremost aims to maintain a stable or increasing dividend per share from one year to the next.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
4%, with gross operating income of 2,924 million euros, up 1.2% (+7.2% like-for-like), for 2018.
The group's cost/income ratio reached 29.6%, down 1.1 point, as a result of efforts to control management costs and the group's sales momentum, which increased by 0.7% to 32.4 billion euros. (+4.1% like-for-like).
The board of directors proposes to increase the group's dividend by 6% to 0.89 euro per share and announces the implementation of a policy which first and foremost aims to maintain a stable or increasing dividend per share from one year to the next.
Copyright (c) 2019 CercleFinance.com. All rights reserved.