Groupama: H1 net income reaches E139m, up 31%
(CercleFinance.com) - The insurer's combined revenue amounted to 9.
3 billion euros at 30 June 2020, down 1.2% y-o-y.
Revenues rose in property and liability insurance (+0.4%), where the group generated revenue of 5.2 billion euros at 30 June 2020, while they were down in personal insurance (-3.5%), where revenue amounted to 4.0 billion euros.
The group's economic operating profit amounted to 196 million euros at 30 June 2020, up 5.9% compared with 30 June 2019.
Net income, group share was 139 million euros, up 31% from 106 million euros a year ago.
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3 billion euros at 30 June 2020, down 1.2% y-o-y.
Revenues rose in property and liability insurance (+0.4%), where the group generated revenue of 5.2 billion euros at 30 June 2020, while they were down in personal insurance (-3.5%), where revenue amounted to 4.0 billion euros.
The group's economic operating profit amounted to 196 million euros at 30 June 2020, up 5.9% compared with 30 June 2019.
Net income, group share was 139 million euros, up 31% from 106 million euros a year ago.
Copyright (c) 2020 CercleFinance.com. All rights reserved.