AXA Group's net profit exceeds 6 billion euros for the first time

On February 22, 2018, AXA Group published its performance results for the 12 months of 2017. Last year was a period of increased efficiency for the Group, which allowed it to achieve the best profitability indicator in its history. 

• AXA Group's gross revenue amounted to 98,549 million euros.
• Operating profit amounted to 6,002 million euros (+6%).
• Net profit reached 6,209 million euros (+6%), the highest figure in the company's history.
• Earnings per share from operating activities increased by 7% to 2.40 euros.
• The solvency level (Solvency II ratio) amounted to 205%, which is 8 points higher than the figure as of December 31, 2016. 

Thomas Buberl, CEO AXA:

«We continue to successfully implement our Ambition 2020 plan. In 2017, the Group grew effectively in all priority areas and in all regions where AXA operates. The fastest growing segment last year was Health, in which revenues and profits increased by 6% and 11%, respectively. 

In accordance with our strategic vision, we are constantly expanding our prospects to provide people with the opportunity to live a better life, in particular, we continue to transition from Payer to Partner status. The Group also continues to lead the insurance industry in innovation, including in the fight against climate change, for which we are quadrupling our commitments to «green» investments.

I would like to thank our clients for their trust, and our team and partners for sharing our vision, because together we strive for sustainable long-term growth and ensuring continuous value for all our partners.

Source: Press center of "AXA" Insurance Company