Amundi’s first quarter 2018 results

Friday 27 April 2018

Corporate

A strong start to the year, confirming Amundi's growth trend

  

Paris, 27th April 2018 – This Friday, Amundi publishes its 1st quarter 2018 results, reflecting a very strong start to the year and confirming the Group’s ability to grow while keeping costs under control, thanks in particular to Pioneer-related synergies.

  

  

Amundi’s assets under management amounted to €1,452bn as of 31 March 2018 (+5.8%1 vs 31 March 2017), reflecting excellent business activity (net inflows of +€39.8bn2 in the first quarter 2018) partially offset by a negative market effect (-€13.5bn).

Net earnings benefit also improve with a sharp increase to €240m in Q1 2018 (+15%)1.

  

Discover all the results 

  

Variation figures computed vs a combined Q1 2017 (3 months Amundi + 3 months Pioneer)

2 Assets under management and inflows include assets under advisory and assets sold and take into account 100% of assets under management and inflows on the Asian JVs. For Wafa in Morocco, assets are reported on a proportional consolidation basis

Data adjusted in Q1 2018: before amortisation of distribution contracts (€12m after tax) and before costs associated with the integration of Pioneer (€6m after tax). Refer to methodology section on page 7 of this release