CNP Assurances: net income down 7% at E918m at 30 september
(CercleFinance.com) - The group's revenues came in at 18,649 million euros at 30 September 2020 (down 25.
7% and -21.0% at constant exchange rates), which the group says is mainly due to the health crisis.
In France, revenues reached 11,402 million euros, down 30.5%. Meanwhile, in Europe excluding France, revenues amounted to 3,409 million euros, down 8.8%.
Net insurance income reached 2,163 million, down 7.3% (although up 1.4% LFL).
Finally, net income, group share came in at 918 million euros, down 7.0% at current exchange rates and 4.5% at constant exchange rates.
The share is currently down almost 1%, pretty much in line with the market.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
7% and -21.0% at constant exchange rates), which the group says is mainly due to the health crisis.
In France, revenues reached 11,402 million euros, down 30.5%. Meanwhile, in Europe excluding France, revenues amounted to 3,409 million euros, down 8.8%.
Net insurance income reached 2,163 million, down 7.3% (although up 1.4% LFL).
Finally, net income, group share came in at 918 million euros, down 7.0% at current exchange rates and 4.5% at constant exchange rates.
The share is currently down almost 1%, pretty much in line with the market.
Copyright (c) 2020 CercleFinance.com. All rights reserved.