In-article:

Amundi targets average annual net income growth of around 5% over 2022-2025


June 22 (Reuters) – Amundi SA:

* AMUNDI ANNOUNCES ITS STRATGIC AMBITIONS FOR 2025

* PILLARS OF VALUE CREATION 2022-2025: STRONG ORGANIC GROWTH: APPROXIMATELY 5% AVERAGE ANNUAL GROWTH IN NET INCOME

* 2022-2025: OPERATIONAL EFFICIENCY: MAINTAINING A COST EFFICIENCY <53% AFTER SYNERGIES LYXOR

* 2022-2025: AN ATTRACTIVE RETURN FOR SHAREHOLDERS: PAYOUT RATE 65%, OR APPROXIMATELY EUR 3bn IN CUMULATIVE ORDINARY DIVIDENDS

* 2022-2025: SURPLUS CAPITAL EXPECTED APPROXIMATELY EUR 2MD, USED TO FINANCE EXTERNAL GROWTH TRANSACTIONS OR TO SHAREHOLDERS

* TARGET OF EUR 400 BN OUTSTANDING BY 2025 (VERSUS EUR 324 BN AT THE END OF 2021) THROUGH THE IMPLEMENTATION OF TAILOR-MADE PARTNERSHIPS

* 2022-2025 VALUE CREATION PILLARS: EXCESS CAPITAL EXPECTED APPROXIMATELY EUR 2MD, USED TO FINANCE EXTERNAL GROWTH OPERATIONS OR TOWARDS SHAREHOLDERS

* WILL ALSO PURSUE VALUE CREATING EXTERNAL GROWTH OPERATIONS, BUILDING ON ITS EXPERIENCE AS A NATURAL CONSOLIDATOR OF INDUSTRY Original text on Eikon For more details, click on (Gdansk Newsroom)



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