- Amundi reported net inflows of EU20.5 billion in Q4, exceeding estimates of EU15.26 billion.
- Retail net inflows surged to EU11.5 billion, significantly higher than the previous year’s EU1.1 billion and estimates of EU3.37 billion.
- Institutional net inflows decreased by 41% year-over-year to EU7.1 billion.
- Joint Venture inflows fell by 70% year-over-year to EU1.9 billion, missing the estimate of EU3.81 billion.
- Amundi’s assets under management (AuM) grew to EU2.24 trillion, a 10% increase year-over-year, surpassing the estimate of EU2.21 trillion.
- Retail assets under management rose by 16% to EU706 billion, above the estimate of EU692.11 billion.
- Institutional AuM increased by 4.7% to EU1.16 trillion, matching the estimate.
- Joint Ventures AuM climbed 18% to EU372 billion, surpassing the estimate of EU362.52 billion.
- Adjusted net income for the quarter was EU377 million, a 20% increase year-over-year, beating the estimate of EU349.7 million.
- Adjusted net revenue reached EU924 million, up 15% year-over-year, exceeding the estimate of EU896.3 million.
- The cost-to-income ratio improved to 52.1% from 52.8% the previous year, slightly better than the estimated 52.2%.
- A dividend per share of EU4.25 was announced, higher than the estimate of EU4.20.
- Amundi achieved its AuM targets one year ahead of schedule for Third-Party Distribution and Passive Management.
- The company met its 2025 cost/income ratio target already in 2024.
- CEO Valerie Baudson stated that Amundi has more than EU1 billion in excess capital, with potential for growth in 2025, and can also leverage market financing for acquisitions.
- No new forecasts for 2025 were provided by the CEO.
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A look at Amundi SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Amundi SA, a company providing investment management services, has received promising Smartkarma Smart Scores across key factors. With strong scores in Dividend, Growth, and Momentum, Amundi is positioned well for long-term success in the market. Its high Dividend score indicates a solid track record of distributing profits to shareholders, making it an attractive option for income investors. Additionally, the Growth and Momentum scores suggest that Amundi is likely to experience continued growth and positive price momentum, reflecting its potential for future expansion and market outperformance.
However, it is worth noting that Amundi’s Resilience score is lower compared to other factors, which may indicate some potential vulnerability to economic downturns or market fluctuations. Despite this, the overall outlook for Amundi SA appears positive, supported by its strong Value score and the diverse range of investment services it offers to customers globally.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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