Half Year 2019 Earnings: disciplined execution and delivery

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Aug 1, 2019

AXA presents today its Half Year 2019 Earnings. You can follow the presentation to the media from 8.00am BST and the presentation to analysts and investors from 2:00pm BST.

Thomas Buberl
Chief Executive Officer of AXA

AXA continued to deliver strong operating performance, with a +4% growth in revenues and a +10% increase in underlying earnings per share in the first half of 2019.

"AXA’s earnings benefitted from a virtuous double dynamic, both growing volumes and improving profitability across all our geographies and preferred segments", said Thomas Buberl.

"AXA XL had a great first half with continued and disciplined growth in revenues and a solid contribution to the Group’s earnings. Synergies are materializing well, and AXA XL should benefit from the increasingly positive pricing context. AXA is very well advanced on its transformation journey. The Group has reduced its sensitivity to financial markets, created the #1 Global P&C Commercial lines insurance platform and strengthened its position as a world leader in Health insurance. We also further advanced in our Payer to Partner strategy by launching our own medical centers, notably in Mexico and Egypt, with the aim to simplify and enhance the healthcare journey of our customers", added Thomas Buberl.

Thomas Buberl comments the 2019 Half Year Earnings (video):

Tags: Finance