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CS Axa

33.28
0.64 (1.96%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Axa EU:CS Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.64 1.96% 33.28 33.23 33.38 33.48 32.80 32.80 4,263,235 16:40:00

Axa Confirms 2020 Objectives

14/11/2017 8:04am

Dow Jones News


Axa (EU:CS)
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By Alberto Delclaux

 

Axa SA (CS.FR) confirmed Tuesday the objectives of its strategic plan, Ambition 2020, ahead of its investor conference.

The company expects to deliver annual underlying earnings per share growth into 2020 within the 3% to 7% target range. It also expects adjusted return on equity of between 12% and 14% during 2016-2020 and a Solvency II ratio--a measure of an insurer's resilience--target range of between 170% and 230%.

During the investor conference, AXA will touch upon its reorganized operating model--outlined on Monday--and the registration document the company filed Monday for the initial public offering of its U.S. unit, it said.

 

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

 

(END) Dow Jones Newswires

November 14, 2017 02:49 ET (07:49 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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