CNP Assurances: interim results up slightly

(CercleFinance.com) - CNP Assurances has reported H1 2018 net income, group share of 672 million euros, up 2.
3% (+2.6% like-for-like), with EBITDA of 1,499 million euros, up 1.5% (+7.9% in organic terms).

Revenues reached 17 billion euros, up 3.6% (+6.6% like-for-like). H1 was marked by adverse FX factors in Brazil, although there was an improvement in the group's product mix in all markets where it operates.

Thanks to this strong performance in the first half of the year, Frédéric Lavenir, group CEO confirms his target of at least 5% organic growth in 2018 EBITDA relative to 2017.



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