Amundi SA posted record first-half net inflows of EUR56 billion, with EUR51 billion in medium- to long-term assets, and adjusted earnings per share exceeded EUR2 for the first time in the second quarter. Assets under management rose 14% year on year to EUR2.6 trillion, while second-quarter revenue climbed 18% to EUR933 million, driving adjusted net income up 29% to EUR431 million. The company also highlighted a successful listing of SBI Funds Management, generating an estimated EUR300 million net capital gain and retaining a stake worth approximately EUR3.5 billion. However, the institutional segment saw net outflows of EUR7 billion, and a large exit from the EPFO mandate in India, estimated at EUR30-40 billion, is expected in the coming months with no impact on profitability.
Amundi SARecord inflows, EPS above EUR2, revenue and net income growth, and SBI listing gain.