Axa first half results to see 12.5% earnings rise
AXA is due to report its first half results on Thursday 3 August. Analyst Keefe Bruyette and Woods today projected underlying earnings (AXA basis) of €1.98bn ( £ 1.35bn) (1H05: €1.76bn). This is in line with the long-term 15% target growth rate.
In a statement today, KBW's William Hawkins said: "We assume that the equity market falls that began in early May have not materially undermined asset-related earnings. We believe the outlook is
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