(€m) H1 2013 H1 2012 CHANGE
Consolidated sales 392.0 384.8 +1.9%
Brokerage commissions and fees 251.9 249.5 +0.9%
Insurance premiums 140.2 135.3 +3.6%
Pro-forma consolidated sales 392.0 385.2 +1.8%
Brokerage commissions and fees 251.9 249.9 +0.8%
Insurance premiums

140.2

135.3 +3.6%

By division, Health & Personal Protection recorded an increase of 0.8% to €251.2 million in the first half, with growth of 3.3% for brokerage commissions and fees, thanks to good performances by group and expatriate insurance. Insurance premiums recorded a decrease of 3.4%, linked as before to the outsourcing of lender risk.

Property & Casualty recorded an increase of 4.2% (and of 3.9% on a pro forma basis). The 2.6% decrease in commissions and fees was due largely to the continuing streamlining of the APRIL Mon Assurance distribution network and to a negative currency effect amounting to around €1.9 million, mainly on the travel assistance activity in South America. At constant exchange rates, commissions and fees would have been more or less stable in the first half. Insurance premiums recorded an increase of 18.2% to €53.9 million.

Note that Mobility-Assistance, identified as a strategic activity in the group's international development, recorded growth of 12.2% on a reported basis and 16.2% at constant exchange rates in the first half.

Sales by division

IFRS - €M H1 2013 H1 2012 CHANGE

H1 2012

PRO FORMA*

CHANGE
Health & Personal Protection 251.2 249.1 + 0.8 % 249.1 + 0.8 %
Commissions and fees 160.9 155.7 + 3.3 % 155.7 + 3.3 %
Premiums 90.3 93.5 - 3.4 % 93.5 - 3.4 %
Property & Casualty 146.0 140.2 + 4.2 % 140.6 + 3.9 %
Commissions and fees 92.1 94.5 - 2.6 % 94.9 - 3.0 %
Premiums

53.9

45.6 + 18.2 % 45.6 + 18.2 %
Intra-group eliminations - 5.2 - 4.5 - - 4.5 -

Quarterly sales

(IFRS - €M) 2013  2012 EVOLUTION

S1 2012

PRO FORMA*

EVOLUTION
1st quarter 193.0 191.4 + 0.8 % 191.6 + 0.7 %
2nd quarter 199.0 193.5 + 2.8 % 193.6 + 2.8 %
3rd quarter - 197.0 - - -
4th quarter - 191.7 - - -
Total   - 773.5 - - -

* Pro-forma consolidated sales represent sales at the same consolidation scope as for the period under review.

All regulated information is available on www.april.fr/finance.

APRIL will publish its results for the first half of 2013 on 29 August 2013 after the market closes.

About APRIL:

APRIL designs, manages and distributes insurance solutions and assistance services for individuals, professionals and businesses. Founded in 1988, APRIL has nearly 4,000 members of staff, is established in 37 countries and achieved a turnover of €773.52m in 2012. APRIL is listed on Euronext Paris (Compartment B, SRD - deferred settlement service).

Contact

Jean-Marc Atlan [ EKNO ] / Advisor to the CEO

+33 (0)6 07 37 20 44

jean-marc [dot] atlan[at] ekno [dot] fr

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