For the first quarter of 2024, Amundi reported adjusted net income up 5.9% to 318 million euros, or 1.55 euros per share, with accelerating growth in adjusted gross operating income (GOI), up 4.4% to 385 million.

With operating expenses up by only 3.3% to 439 million euros, against a significant rise in revenues of 3.8% to 824 million, the asset and investment management company saw its cost/income ratio improve to 53.3%.

Our asset inflows, which reached +17 billion euros, are very well balanced between the major customer segments, expertises and geographies, and our assets under management reached their highest level ever, at over 2,100 billion", emphasizes Managing Director Valérie Baudson.

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