AXA SA (OTCPK:AXAHF)
$ 35.0515 0 (0%) Market Cap: 77.26 Bil Enterprise Value: 129.51 Bil PE Ratio: 10.02 PB Ratio: 1.52 GF Score: 62/100

Half Year 2023 AXA SA Earnings Press Conference Transcript

Aug 03, 2023 / 07:30AM GMT
Release Date Price: $30.37
Operator

[Interpreted] Good morning, everybody. Thank you for joining us at this press conference, during which Thomas Buberl, CEO; Frederic de Courtois, Deputy CEO; and Alban de Mailly Nesle, CFO, will be presenting the half year earnings for 2023 for AXA Group. After the presentation, they will be available to answer any questions.

I'm going to hand the floor over to Mr. Thomas Buberl.

Thomas Buberl
AXA SA - CEO & Director

[Interpreted] Thank you. Good morning, everybody, and welcome to the presentation of the half year results of AXA. The members of the management committee and myself are delighted to discuss with you today.

If I take the first slide, the first half of 2023 was marked by geopolitical and economic environment that remains uncertain. Despite this, AXA generated once again some sound results. They reflect the relevance of our strategic choices, the solidity of our business model and also the commitment of our employees.

To begin with, our premium -- gross premium, written premiums rose by 2% to EUR 55.7 billion. This

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