CNP Assurances - Investor Presentation
INCREASED VALUE
CREATED FOR INVESTORS
Attributable net profit
(Єm)
1 367
1 285
1 200
1 130
2015
Dividend per share
+3.3%
1 412
2016
2017
2018
2019
0.89 €
0.84 €
0.80 €
0.77 €
+5.6%
0.94 €
CNP Assurances - Investor Presentation - March 2020
2020 Target
Attributable net profit is expected
to grow between 3% to 7% (1)
Dividend policy
Priority to be given to maintaining or
increasing the dividend per share from
year to year
2015
2016
2017
2018
2019 (2)
Pay-out
50%
49%
47%
46%
47%
Pay-out ratio(3) between 40% and 50%
(1) This projection is based on current market conditions. It may be revised by CNP Assurances, notably in the event of a downturn in economic conditions
(2) Recommended at the Annual General Meeting of 17 April 2020
23
(3) Dividend per share / Earnings per share
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