Half Year 2024 AXA SA Earnings Call (Analyst & Investors) Transcript

Aug 02, 2024 / 09:00AM GMT
Operator

Good morning. And welcome to AXA's first half results conference call. Presenting today are Thomas Buberl, Group CEO; Frederic de Courtois, Group Deputy CEO; and Alban de Mailly Nesle, Group CFO. After the presentation, we'll open up the call to Q&A. Joining us for the Q&A session will be Scott Gunter, CEO of AXA XL; and Guillaume Borie, CEO of AXA France.

With that, I turn over to Thomas.

Thomas Buberl - AXA SA - Chief Executive Officer, Executive Director

Thank you, Anu, and good morning to all of you. Thank you very much for joining our call today. And I would like to start with the key highlights of our results for the first half of 2024.

The first half of 2024 was a very good start of our new strategic plan, Unlock the Future. As you can see, the business is doing very well. We show an organic growth of 7% and we have to go far back in the history of AXA to see when we last had such a high growth. The underlying earnings per share are up by 4% and the return on equity is at 16.6%.

All of these results have been achieved

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