AXA SA (CHIX:CSp)
€ 41.7 (0%) Market Cap: 90.72 Bil Enterprise Value: 136.41 Bil PE Ratio: 11.90 PB Ratio: 1.81 GF Score: 68/100

Full Year 2024 AXA SA Earnings Call(Analyst and Investors) Transcript

Feb 27, 2025 / 09:00 AM GMT
Release Date Price: €37.57 (-0.08%)

Key Points

Positve
  • AXA SA (AXAHF) reported an 8% growth in revenue across all lines of business and geographies, translating into an 8% growth in underlying earnings per share.
  • The company's solvency ratio stands at a solid 216%, indicating a strong capital position.
  • AXA SA (AXAHF) announced a 9% increase in dividend per share and a new share buyback program of 1.2 billion euros, reflecting confidence in the business.
  • The company has shown consistent earnings growth, with a 40% increase in profit and underlying earnings since 2016.
  • AXA SA (AXAHF) has a balanced and focused business model, with strong positions in insurance markets across Europe, Japan, and Hong Kong.
Negative
  • The company faces political uncertainty in the US and Europe, although it has not yet impacted the business.
  • Inflation in Europe, while receding, remains a concern for the insurance industry.
  • AXA SA (AXAHF) is cautious about the increasing severity and frequency of natural catastrophes, which could impact future results.
  • The investment in technology and AI has been a drag on earnings in 2024, although it is expected to benefit future performance.
  • The company has experienced challenges in the UK and German retail markets, although improvements have been made.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AXAF.PA - AXA SA
Full Year 2024 AXA SA Earnings Call(Analyst and Investors)
Feb 27, 2025 / 09:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon and welcome to Access full year 2024 results presentation.

The results will be presented today by our group CEO Thomas Buel, group deputy CEO Frederick de Courtois, and group CFO Abon de Meinel. For the Q&A session, we will also have Scott Gunter, CEO of AXSA Excel, Guillaume Bay, CEO of AXSA France, and Patrick Cohan, CEO of AXSA Europe. With this, I turn it to Thomas for the.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Results.

Thank you, Anu and good afternoon to all of you. Very happy to see you in London here and to present to you
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot