Ageas N.V.
Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.
Publicatie datum
09 aug 2007 - 08:32
Statutaire naam
Ageas N.V.
Titel
Fortis first half profit at EUR 2.8 billion, driven by robust revenue growth across Banking and Insurance
Bericht
Stellar second quarter: net profit at EUR 1.6 billion, up 38% compared with first quarter
• Fortis’s half-year 2007 net profit of EUR 2,782 million exceeds the exceptional profit level of the first half year 2006 thanks to excellent second quarter:
• Banking:
- Excellent net profit in the second quarter drives first half-year result to EUR 2,062 million
- Robust commercial momentum demonstrated by steady increase in net interest income and commissions and fees
- Fund under Management increased by 10% in the first half-year to EUR 209 billion, EUR 10.3 billion of net inflows
- Underlying loan growth of 9%.
• Insurance:
- First half net profit up 6% to EUR 765 million, more than compensating for the impact of Windstorm Kyrill in the first quarter and UK flooding in the second quarter of 2007
- Gross inflow Life soars to EUR 7.0 billion, up 33%, benefiting from excellent sales performance
- Gross written premiums in Non-Life advance to EUR 3.1 billion, up 10%.
• Second quarter net profit of EUR 1,616 million, up 38% versus the EUR 1,167 million net profit for the first quarter of 2007 and up 16% versus the EUR 1,390 million net profit for the second quarter of 2006
- Banking net profit of EUR 1,159 million in second quarter benefits from commercial strength and excellent treasury and financial markets results.
- Insurance net profit in second quarter further improves to EUR 413 million due to better technical results in Life and Non-Life and higher investment income on the back of higher volumes.
• Interim dividend per share up 21% to EUR 0.70 in cash, which amounts to 50% of the previous full-year dividend, in accordance with Fortis’s dividend policy.
Gerelateerde downloads
Datum laatste update: 26 februari 2026