Amundi Investor Presentation
Solid results
-
Revenues affected by the market downturn (Q3 2020 vs. Q3 2019)
FINANCIAL REVIEW
Q3
9M
-
-
-
Significant decrease in operating expenses (-3.8% in Q3 2020 vs. Q3 2019), despite the consolidation of
Sabadell AM
Improved cost/income ratio of 51.2% in Q3 2020, at the same level as Q3 2019 and one of the best in the
industry
Adjusted net income up +2.3% yoy to €235m
Adjusted net income of €674m, virtually stable excluding financial income (impacted by the market downturn)
Adjusted net income¹, Group share (Єm)
735
-8.3% vs.
9M 2019
9M-19
674
9M-20
1. Adjusted data: excluding amortisation of distribution contracts.
26 Amundi Investor presentation | November 2020
+2.3%
vs. Q3 2019
274
230
233
235
206
Q3-19
Q4-19
Q1-20
Q2-20
Q3-20
Amundi
CRÉDIT AGRICOLE GROUPView entire presentation