Natixis: H1 net income, group share up 18%

(CercleFinance.com) - Natixis' H1 2018 underlying net banking income came in at 4,963 million euros, up 3% y-o-y and up 7% at constant exchange rates.


The banking group's businesses recorded underlying net banking income that was up 3% y-o-y at 4,629 million euros (+7% at constant exchange rates), with, in particular, a significant rise in income from AWM (+18% at constant exchange rates), insurance (+8%), SFS (+6%) and Coface (+15%).

H1 2018 net income, group share, adjusted for the IFRIC 21 impact and extraordinary items reached 1,007 million euros, up 10% y-o-y. When integrating extraordinary items (-4 million euros net of tax in H1 18) and the IFRIC 21 impact (-100 million euros in H1 18), the group's net income, group share was 903 million euros, up 18% y-o-y.



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