Amundi: 2018 adjusted earnings up 3.1%

(CercleFinance.com) - Amundi has publishes adjusted earnings of 946 million euros for the financial year 2018, up 3.
1%, with a growth of 9% compared with 2017 excluding exceptional financial revenues, against a target of 7%.

The asset management company attributes this increase to dynamic business, despite the market context, thanks to Amundi's strong presence abroad (particularly in Asia) and the successful integration of Pioneer.

On the strength of these results, which are in line with the trajectory announced in February 2018, the board will propose a 16% increase in the group's dividend to 2.90 euros per share, or a 65% payout rate of the group's net attributable income excluding integration costs.



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