Very strong first half 2005 performance
News
Group,September 6, 2005
- Underlying earnings up 26% to euro 1.8 billion
- Adjusted earnings up 28% to euro 2.1 billion
- Net income up 31% to euro 2.3 billion
Henri de Castries
AXA reported today IFRS underlying earnings of Euro 1,761 million for the first half of 2005, up a very strong 26% compared to first half 2004. Underlying earnings per share reached Euro 0.93, up 21%.
"The combination of continued focus on efficiency improvement, organic growth and opportunistic acquisitions has enabled the Group to deliver another strong performance in the first half of 2005" said AXA Chief Executive Officer Henri de Castries. "We believe we are well on track to deliver strong double digit earnings growth for the full year 2005 despite the recent weather related events in the US."