Q1 19 premium income remained stable (up 0.6% yoy at constant FX) to €8,549m. Sales in France declined by 1.7% yoy to €5,879m, while the Brazilian business grew by 14.9% (up 7.1% at constant FX) to €1,540m. The APE margin stood at 19.4%. EBIT stood at €640m, up 2.5% yoy as reported (up 5.6% lfl) and the attributable net profit reached €326m, up 4.2% yoy as reported (up 6% lfl). No significant changes are expected in our figures.
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A positive Q1, in line with expectations
- Published:
16 May 2019 -
Author:
Bassem Neifer -
Pages:
3
Q1 19 premium income remained stable (up 0.6% yoy at constant FX) to €8,549m. Sales in France declined by 1.7% yoy to €5,879m, while the Brazilian business grew by 14.9% (up 7.1% at constant FX) to €1,540m. The APE margin stood at 19.4%. EBIT stood at €640m, up 2.5% yoy as reported (up 5.6% lfl) and the attributable net profit reached €326m, up 4.2% yoy as reported (up 6% lfl). No significant changes are expected in our figures.