Amundi: 2019 adjusted income up 6.6%
(CercleFinance.com) - Assets under management reached 1,653 billion euros at 31 December 2019, up 5.
8% compared to the end of September 2019 and up 16% y-o-y.
Amundi posted a record collection of 76.8 billion euros in Q4 2019, driven by MLT assets (up 82.4 billion euros).
Net revenues were 2,707 million euros, up 4.9% from 2018. Net management income increased by 2.2%.
After tax and risk provisions, adjusted earnings amounted to 1,009 million euros (up 6.6%), in line with targets announced.
EPS reached 4.75 euros, up 12.1% compared to 2018.
The Board of Directors has decided to propose a cash dividend of 3.10 euros per share at the AGM, up 6.9% compared to 2018.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
8% compared to the end of September 2019 and up 16% y-o-y.
Amundi posted a record collection of 76.8 billion euros in Q4 2019, driven by MLT assets (up 82.4 billion euros).
Net revenues were 2,707 million euros, up 4.9% from 2018. Net management income increased by 2.2%.
After tax and risk provisions, adjusted earnings amounted to 1,009 million euros (up 6.6%), in line with targets announced.
EPS reached 4.75 euros, up 12.1% compared to 2018.
The Board of Directors has decided to propose a cash dividend of 3.10 euros per share at the AGM, up 6.9% compared to 2018.
Copyright (c) 2020 CercleFinance.com. All rights reserved.