Friday 26 April 2019
In a market environment that is improving, yet marked by persistent risk aversion, Amundi publishes today, earnings to the upside once again, confirming its business-model’s resilience.
Q1 2019 accounting net income1 was €235m, up +6.4% on Q1 2018 and up +22.4% compared to Q4 2018. This growth in profitability is related to:
- a good level of net management fees and net financial income,
- controlled operating costs.
1 Including amortisation of distribution contracts