Amundi Q3 Adjusted Net Income Rises 20.2% to €409 Million as Revenue Climbs 11.3%

Amundi (AMUN.PA) reported third-quarter adjusted net income of €409 million, up 20.2% from a year earlier, with adjusted net revenue rising 11.3% to €908 million, the asset manager said. Group net income for the quarter reached €675 million versus €249 million last year, and earnings per share came in at €3.27 compared with €1.21. Adjusted EPS was €2.04 versus €1.65. For the nine-month period, adjusted net income group share rose 21.6% to €1.19 billion on adjusted net revenue of €2.74 billion, up 13.0%. Adjusted EPS was €5.82 compared with €4.76. Amundi shares closed at €89.30 on Euronext Paris at the last close.