New York: 00:38 || London: 05:38 || Mumbai: 11:08 || Singapore: 13:38

News & Analysis » Europe

Axa First-half Net Income Declines - Quick Facts

August 4, 2010, Wednesday, 05:21 GMT | 00:21 EST | 09:51 IST | 12:21 SGT

(RTTNews) - French insurer Axa SA (AXAHY.PK) reported first half net income of EUR 944 million, down from EUR 1.32 billion last year. Earnings per share declined to EUR 0.35 from EUR 0.56 a year earlier.

Underlying earnings were EUR 2.08 billion or EUR 0.85 per share, down from EUR 2.12 billion or EUR 0.93 per share in the prior year.

Adjusted earnings rose to EUR 2.28 billion or EUR 0.94 per share from EUR 1.74 billion or EUR 0.75 per share a year ago.

Total revenues rose to EUR 49.93 billion from EUR 48.41 billion in the previous year. Life & Savings revenues were EUR 30.88 billion, compared to EUR 30.07 billion a year earlier.