Edition:
India

CNP Assurances Q1 Net Profit Grows To 326 Million Euros


Thursday, 16 May 2019 

May 16 (Reuters) - CNP ASSURANCES SA ::Q1 NET PROFIT OF €326 MILLION, UP 4.2%.APE MARGIN STOOD AT 19.4%, REFLECTING THE IMPACT OF LOWER INTEREST RATES IN EUROPE.SOLID PERFORMANCE RESULTED FROM THE OPERATIONAL IMPLEMENTATION OF OUR THREE-PRONGED STRATEGY FOCUSED ON IMPROVING SERVICE QUALITY, DEVELOPING OUR PARTNERSHIPS AND DELIVERING SHAREHOLDER VALUE.Q1 EBIT EUR 640 MILLION VERSUS EUR 625 MILLION YEAR AGO.Q1 TOTAL REVENUE EUR 863 MILLION VERSUS EUR 848 MILLION YEAR AGO.