AXA is hosting today an investor conference in Paris where Thomas Buberl (Group CEO), George Stansfield (Group Deputy CEO and General Secretary) and Gérald Harlin (Group Deputy CEO and Chief Financial Officer) will present the following key topics:
AXA is well on track to achieve its Ambition 2020 targets, and is taking important steps towards making the Group simpler for all our stakeholders and to foster growth.
We are building the future of AXA according to a clear strategic view focusing on fewer countries, with emphasis on scale and potential. We will continue to shift our portfolio towards our preferred segments, favoring products with high frequency customer contacts and innovative additional services. We reaffirm our preference for Health, Protection and the P&C commercial lines segments, and are dedicating Euro 200 million per year to innovation, from within our existing M&A budget.
Our new operating model is designed to provide our teams with increased empowerment and accountability for their operational performance, making our transformation tangible on the ground, as close as possible to our clients.
With the commitment and the engagement of our teams, we have delivered a strong performance, allowing us to reaffirm our confidence to deliver annual underlying earnings per share growth over the plan period well within our 3-7% target range. Our reliable and sustainable cash generation capacity supports our investment for growth and sustained attractive dividends.
Leaner central functions
Reaffirmation of Ambition 2020 targets
Investment in innovation