CNP Assurances: 9m earnings up 3%
(CercleFinance.com) - CNP Assurances has reported net income, group share that is up 3.
1% at 955 million euros, with EBITDA that is up 1.9% at 2,169 million euros, for the first nine months of the year.
At 24.6 billion euros, revenues are up 3.1% (+6.6% LFL), thanks to a strong momentum in the volume of index-linked products (+19.5%) and a very high growth in exclusive savings of CNP Patrimoine and CNP Luxembourg.
Thus boasting "a very good performance" since the beginning of the year, CNP Assurances has confirmed its target for organic growth in EBITDA of at least 5% over FY 2018, compared to 8.9% growth at 30 September.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
1% at 955 million euros, with EBITDA that is up 1.9% at 2,169 million euros, for the first nine months of the year.
At 24.6 billion euros, revenues are up 3.1% (+6.6% LFL), thanks to a strong momentum in the volume of index-linked products (+19.5%) and a very high growth in exclusive savings of CNP Patrimoine and CNP Luxembourg.
Thus boasting "a very good performance" since the beginning of the year, CNP Assurances has confirmed its target for organic growth in EBITDA of at least 5% over FY 2018, compared to 8.9% growth at 30 September.
Copyright (c) 2018 CercleFinance.com. All rights reserved.