Half Year 2021 AXA SA Earnings Press Conference Transcript
[Interpreted] Hello, everyone. Welcome to the presentation of the AXA half year earnings. They will be presented by Thomas Buberl, CEO; Frédéric de Courtois, Deputy CEO; and Alban de Mailly Nesle, CFO. I turn it over to Thomas Buberl.
[Interpreted] Thank you, Julien. Hello, everyone, and welcome to the presentation of the AXA Group's half year earnings. In a context that was still impacted by health uncertainties, AXA was able in the first half to adjust to its environment and achieve an excellent performance that tops its precrisis level.
As you can see on Slide 5, commercial activity at AXA was very brisk in the first half, with revenues up by 7% at EUR 54 billion. The rise is 5% versus 2019. The first half also saw a sharp balance of our underlying earnings. It doubled at EUR 3.6 billion. It was strongly impacted by the crisis last year to the tune of EUR 1.5 billion, essentially in our commercial P&C line, especially at AXA XL. Excluding the COVID effect last year, underlying earnings remained very
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
