Amundi: Third quarter and Nine-month 2025 results
Globenewswire·2025-10-28 05:59

Core Insights - Amundi reported a pre-tax income increase of +4% year-over-year for Q3 2025, driven by management fees and technology revenues [1][2][32] - Assets under management reached a record high of €2,317 billion, reflecting a +3.5% increase since the beginning of the year [1][15] - The company experienced sustained inflows of +€67 billion over the first nine months of 2025, with +€15 billion in Q3 alone [1][15] Financial Performance - Adjusted net revenues for Q3 2025 totaled €815 million, up +4.9% compared to Q3 2024 [26][50] - Adjusted net income for Q3 2025 was €340 million, showing a slight increase of +0.8% year-over-year [32][51] - The cost-income ratio for Q3 2025 was 53.5%, which would be 51.4% when adjusted for a capital increase cost [27][51] Inflows and Assets - Net inflows for the first nine months of 2025 were strong, with +€57 billion in medium-to-long-term assets [1][15][16] - Inflows from Asia reached +€29 billion over nine months, with contributions from various countries including India, Korea, and China [6][20] - Third-party distribution generated +€21 billion in inflows, primarily in medium-to-long-term assets [7][15] Strategic Initiatives - The Ambitions 2025 plan focuses on growth drivers such as Asia, third-party distribution, and ETFs, which collectively generated +€55 billion in inflows [3][5][6] - Amundi Technology reported a revenue increase of +48% year-over-year, indicating strong growth in this segment [10][39] - A new strategic medium-term plan will be presented on November 18, 2025, outlining future growth areas [4][13] Market Position - Amundi confirmed its position as Europe's leading supplier of ETFs, with inflows of +€28 billion over nine months [8][15] - The company holds a dominant position in Employee Savings and Retirement, with record inflows of +€4 billion, maintaining a 45% market share in France [11][15] - The partnership with Satrix, a leading South African index solution provider, is expected to enhance Amundi's distribution capabilities [3][7]