Feb. 16, 2012, 8:14 AMAXA (AXAHY.PK) posts 2012 net income of €4.32B against €2.75B in 2011. The company didn't break out H2 numbers, but is calculated to have earned just €324M vs. €1.81B in 2011, hit by write-downs on its Greek paper. Believing itself to be in a good capital position, the company maintains its yearly dividend at €0.69. Shares -2.2% in Paris. | Comment!
AXAHY vs. ETF Alternatives
The AXA Group is a worldwide leader in insurance and asset management, with 160,000 employees serving 102 million clients in 57 countries. In 2012, IFRS revenues amounted to Euro 90.1 billion and IFRS underlying earnings to Euro 4.3 billion. AXA had Euro 1,116 billion in assets under management... More
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