View Future Growthageas 과거 순이익 실적과거 기준 점검 2/6ageas은 연평균 0.7%의 비율로 수입이 증가해 온 반면, Insurance 산업은 수입이 18.5% 증가했습니다. 매출은 연평균 9.2%의 비율로 감소했습니다. ageas의 자기자본이익률은 13.8%이고 순이익률은 12.7%입니다.핵심 정보0.70%순이익 성장률2.04%주당순이익(EPS) 성장률Insurance 산업 성장률7.60%매출 성장률-9.21%자기자본이익률13.85%순이익률12.66%최근 순이익 업데이트31 Dec 2023최근 과거 실적 업데이트공시 • Sep 12+ 2 more updatesageas SA/NV to Report Fiscal Year 2025 Final Results on Apr 09, 2026ageas SA/NV announced that they will report fiscal year 2025 final results on Apr 09, 2026공시 • Jan 01+ 2 more updatesageas SA/NV to Report First Half, 2025 Results on Aug 27, 2025ageas SA/NV announced that they will report first half, 2025 results on Aug 27, 2025공시 • May 31ageas SA/NV to Report First Half, 2024 Results on Aug 28, 2024ageas SA/NV announced that they will report first half, 2024 results on Aug 28, 2024공시 • Jan 01+ 2 more updatesageas SA/NV to Report Fiscal Year 2023 Final Results on Apr 12, 2024ageas SA/NV announced that they will report fiscal year 2023 final results on Apr 12, 2024Reported Earnings • Sep 01First half 2023 earnings released: EPS: €2.89 (vs €3.05 in 1H 2022)First half 2023 results: EPS: €2.89 (down from €3.05 in 1H 2022). Revenue: €5.30b (up 49% from 1H 2022). Net income: €531.0m (down 5.7% from 1H 2022). Profit margin: 10.0% (down from 16% in 1H 2022). Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Insurance industry in South America are expected to grow by 8.5%.공시 • May 13ageas SA/NV to Report First Half, 2023 Results on Aug 30, 2023ageas SA/NV announced that they will report first half, 2023 results on Aug 30, 2023모든 업데이트 보기Recent updates공시 • 10h+ 1 more updateageas SA/NV Appoints Renaud Dumora as A Non-Executive Member of the Board of Directorsageas SA/NV at its Ordinary and Extraordinary General Meetings of Shareholders held on May 20, 2026 approved to appoint Mr. Renaud Dumora as a non-executive member of the Board of Directors for a period of 4 years.공시 • Apr 30ageas SA/NV (ENXTBR:AGS) completed the acquisition of remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539).ageas SA/NV (ENXTBR:AGS) signed a framework agreement to acquire remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) for €1.9 billion on December 7, 2025. A cash consideration of €1.9 billion will be paid by ageas SA/NV. As part of consideration, €1.9 billion is paid towards common equity of AG Insurance SA/NV. Upon completion, ageas SA/NV will own 100% stake in AG Insurance SA/NV. The transaction will be financed via equity placement of 18.5 million shares at a price if €60 per share valued at €1.1 billion to BNP Paribas Cardif and use of existing cash, existing financing facilities and flexibility in debt capital market. The deal is expected to be finalized in 2Q26, after obtaining the necessary regulatory approvals. ageas SA/NV (ENXTBR:AGS) completed the acquisition of remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) on April 28, 2026. Pursuant the agreement, BNP Paribas nominated Renaud Dumora for appointment as a non-executive member of the Board of Directors of ageas SA/NV at the upcoming General Shareholders Meeting of May 20, 2026.공시 • Apr 22ageas SA/NV, Annual General Meeting, May 20, 2026ageas SA/NV, Annual General Meeting, May 20, 2026, at 10:30 Romance Standard Time. Location: auditorium of ag insurance, ag campus rue du pont neuf 17, 1000 brussels, Belgium공시 • Feb 25ageas SA/NV Proposes Gross Cash Dividend for 2025ageas SA/NV proposed total gross cash dividend of EUR 3.75 for 2025, fully in line with its commitment, +7% vs 2024.공시 • Dec 08ageas SA/NV (ENXTBR:AGS) signed a framework agreement to acquire remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) for €1.9 billion.ageas SA/NV (ENXTBR:AGS) signed a framework agreement to acquire remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) for €1.9 billion on December 7, 2025. A cash consideration of €1.9 billion will be paid by ageas SA/NV. As part of consideration, €1.9 billion is paid towards common equity of AG Insurance SA/NV. Upon completion, ageas SA/NV will own 100% stake in AG Insurance SA/NV. The transaction will be financed via equity placement of 18.5 million shares at a price if €60 per share valued at €1,110 million to BNP Paribas Cardif and use of existing cash, existing financing facilities and flexibility in debt capital market. The deal is expected to be finalized in 2Q26, after obtaining the necessary regulatory approvals.공시 • Sep 12+ 2 more updatesageas SA/NV to Report Fiscal Year 2025 Final Results on Apr 09, 2026ageas SA/NV announced that they will report fiscal year 2025 final results on Apr 09, 2026공시 • Mar 13Allianz, ageas Reportedly Eye British Insurer esureBelgian insurer ageas SA/NV (ENXTBR:AGS) has retained advisors to explore a bid for British motor and home insurer esure Group plc, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market. Allianz SE (XTRA:ALV) has also been working on an offer for esure in recent weeks, said two of the people, speaking on condition of anonymity. There will only be one main round of bidding, with a deadline in the next few weeks, the third person said, cautioning that a deal is not guaranteed. Bids for esure, owned by private equity firm Bain Capital, could be around GBP 1.5 billion ($1.94 billion), a fifth person said. All five people were speaking on condition of anonymity because the process is private. Spokespeople for Bain, Ageas, Allianz and esure declined to comment.공시 • Feb 28Ageas Sa/Nv Proposes Final Dividendageas SA/NV proposed total dividend of EUR 3.50 per share. Final dividend of EUR 2.00 per share.공시 • Jan 01+ 2 more updatesageas SA/NV to Report First Half, 2025 Results on Aug 27, 2025ageas SA/NV announced that they will report first half, 2025 results on Aug 27, 2025공시 • Aug 29ageas SA/NV (ENXTBR:AGS) announces an Equity Buyback for €200 million worth of its shares.ageas SA/NV (ENXTBR:AGS) announces a share repurchase program. Under the program, the company will repurchase up to €200 million of its shares. The shares repurchased will be held in treasury. The program is valid till July 31, 2025.공시 • Aug 28ageas SA/NV Declares Interim Gross Cash Dividend for the Fiscal Year 2024ageas SA/NV declared a Interim gross cash dividend of EUR 1.50 per share for the fiscal year 2024.공시 • May 31ageas SA/NV to Report First Half, 2024 Results on Aug 28, 2024ageas SA/NV announced that they will report first half, 2024 results on Aug 28, 2024공시 • Mar 25Ageas Plans Not to Make Further Offer for Direct Line Insuranceageas SA/NV (ENXTBR:AGS) announced that, following the two recent attempts to engage with the Board of Directors of Direct Line Insurance Group plc (LSE:DLG) ("Direct Line") in relation to the acquisition by Ageas of the entire issued and to be issued share capital of Direct Line, which were both rejected, it will not make an offer for Direct Line. As a result of this announcement, Ageas (and any persons acting in concert with it) will, except with the consent of the UK Panel on Takeovers and Mergers (the "Panel"), be bound by the restrictions contained in Rule 2.8 of the Code. For the purposes of Rule 2.8 of the Code, Ageas (and any persons acting in concert with it) reserves the right to announce an offer or possible offer for Direct Line or make or participate in an offer or possible offer for Direct Line and/or take any other action otherwise precluded under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances described in Note 2 to Rule 2.8 of the Code: (i) with the agreement of the Board of Directors of Direct Line; (ii) if a third party (including another publicly identified potential offeror) announces a firm intention to make an offer for Direct Line; (iii) if Direct Line announces a Rule 9 waiver or a reverse takeover (as defined in the Code); or (iv) if the Panel determines there has been a material change of circumstances. On 19 January 2024, Ageas provided the Board of Direct Line with an initial possible offer proposal (the "Initial Possible Offer") to acquire the entire issued and to be issued share capital of Direct Line. The terms of the Initial Possible Offer were improved on 9 March 2024 and set out in an announcement (the "Improved Possible Offer") on 13 March 2024. Ageas believes that the proposal, on these terms, would have created significant value for both groups of shareholders and other stakeholders. Throughout the entire process, Ageas has always sought engagement with Direct Line's Board. Ageas regrets that it has not been able to work collaboratively together with the Board of Directors of Direct Line towards a recommended Firm Offer. Ageas was not able to identify additional elements based on publicly available information that would justify significant adjustments to the terms of its possible offer. Therefore, consistent with its financial discipline, Ageas has decided not to make a Firm Offer. Ageas continues to believe in the underlying attractiveness and future opportunities of the UK personal lines sector and the role of Ageas UK in this market, underpinned by its successful turnaround over the last few years. Ageas UK will continue to execute its focused personal lines insurance strategy alongside its valued distribution partners. Ageas remains focused on the execution of its strategy, as a group of local companies outperforming in their markets, benefitting from synergies within the Group. Ageas re-iterates its confidence to deliver on its stated Impact24 financial and operating targets thanks to the strong performance of its operating entities. The Group's solid foundations underpin our attractive dividend growth ambitions in line with our stated Impact24 ambitions and beyond this strategic cycle. Hans De Cuyper, CEO of Ageas, said: "We had hoped to reach agreement on a jointly recommended Firm Offer together with the Direct Line Board. However, I am convinced that given the circumstances we took the right decision not to make an offer, staying true to who we are and what we stand for in terms of maintaining a friendly approach and respecting our financial discipline. I sincerely want to thank our employees and advisors who delivered outstanding performance exploring this opportunity, and our investors for their continued trust in our company".공시 • Mar 16BNP Paribas Reportedly Considers Buying Fosun's Ageas StakeBNP Paribas SA (ENXTPA:BNP) is considering a potential acquisition of Fosun International Limited (SEHK:656)’s stake in Belgian insurer ageas SA/NV (ENXTBR:AGS), according to people with knowledge of the matter. The French lender has been holding discussions on a possible purchase of Fosun’s holding in Ageas, said the people, who asked not to be identified because the information is private. Fosun has about a 10% interest in Ageas valued at roughly €750 million ($816 million) based on March 14, 2024 closing price, according to a regulatory filing. The figure includes its stock ownership as well as derivative holdings. The deliberations are ongoing and there’s no certainty they will lead to a transaction, the people said. Representatives for BNP and Ageas declined to comment. Fosun couldn’t immediately be reached for comment outside regular business hours. Bloomberg News reported last month that Fosun has been working with advisers to explore a sale of its Ageas stake. The Chinese conglomerate, which is backed by billionaire Guo Guangchang, has been accelerating a divestment push as it seeks to cut its debt load following a global acquisition spree. BNP’s potential move comes as Ageas pushes ahead with a contentious pursuit of a takeover of London-listed Direct Line Insurance Group Plc. The UK insurer said this week it had rejected a second takeover offer from Ageas valuing it at about £3.2 billion ($4.1 billion).공시 • Feb 29Direct Line Soars as Ageas Mulls 3.10b BidShares in Direct Line Insurance Group plc (LSE:DLG) jumped on February 28, 2024 after Belgian insurer ageas SA/NV (ENXTBR:AGS) confirmed it was considering making an offer for the company. Shares in Direct Line, the Bromley, England-based motor and home insurer, soared 22% to 199.69 pence each in London on February 28, 2024. Ageas said the terms of the proposed cash and shares offer had an implied value of 233p per Direct Line share, representing a premium of 43% to 163.35 pence, closing price on February 27, 2024. The terms of the proposed bid are 100p in cash for each Direct Line share, and one new Ageas share for every 25.24047 Direct Line shares. Ageas said this would value Direct Line at around GBP 3.10 billion. A combination offered "compelling strategic and financial value for both Ageas and Direct Line shareholders", it added. Ageas highlighted the potential to drive operational improvements and efficiencies, in part through the removal of overlapping overhead costs after the integration of Ageas' and Direct Line'sUK businesses. Earlier February 28, 2024, Bloomberg reported that Direct Line had rebuffed an approach from Ageas, citing people familiar with the matter.공시 • Jan 01+ 2 more updatesageas SA/NV to Report Fiscal Year 2023 Final Results on Apr 12, 2024ageas SA/NV announced that they will report fiscal year 2023 final results on Apr 12, 2024공시 • Sep 27La Mutuelle Epargne Retraite Prévoyance Carac acquired French Life Insurance activities of Ageas.La Mutuelle Epargne Retraite Prévoyance Carac signed an agreement to acquire French Life Insurance activities of Ageas on April 21, 2023. Ageas’s French Life and Pension activities consist of Ageas France, Ageas Retraite, Ageas Patrimoine and Sicavonline. The transaction is subject to regulatory approval. French Life Insurance activities generated revenue of €6.1 million in 2022. The transaction is expected to be closed during third quarter of 2023. La Mutuelle Epargne Retraite Prévoyance Carac completed the acquisition of French Life Insurance activities of Ageas on September 25, 2023. All regulatory approvals regarding the sale of French life insurance, savings and pension business to La Mutuelle Epargne Retraite Prévoyance Carac have been obtained.Reported Earnings • Sep 01First half 2023 earnings released: EPS: €2.89 (vs €3.05 in 1H 2022)First half 2023 results: EPS: €2.89 (down from €3.05 in 1H 2022). Revenue: €5.30b (up 49% from 1H 2022). Net income: €531.0m (down 5.7% from 1H 2022). Profit margin: 10.0% (down from 16% in 1H 2022). Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Insurance industry in South America are expected to grow by 8.5%.Upcoming Dividend • May 24Upcoming dividend of €1.05 per share at 7.3% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 7.3%. Within top quartile of Mexican dividend payers (6.7%). In line with average of industry peers (8.0%).공시 • May 13ageas SA/NV to Report First Half, 2023 Results on Aug 30, 2023ageas SA/NV announced that they will report first half, 2023 results on Aug 30, 2023Reported Earnings • Apr 17Full year 2022 earnings released: EPS: €5.49 (vs €4.52 in FY 2021)Full year 2022 results: EPS: €5.49 (up from €4.52 in FY 2021). Revenue: €9.87b (down 27% from FY 2021). Net income: €1.01b (up 20% from FY 2021). Profit margin: 10% (up from 6.3% in FY 2021). The increase in margin was driven by lower expenses. Combined ratio: 96.5% (up from 95.4% in FY 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in South America.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: €5.49 (vs €4.52 in FY 2021)Full year 2022 results: EPS: €5.49 (up from €4.52 in FY 2021). Revenue: €10.4b (down 23% from FY 2021). Net income: €1.01b (up 20% from FY 2021). Profit margin: 9.7% (up from 6.3% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Insurance industry in South America.공시 • Jan 12ageas SA/NV to Report Fiscal Year 2022 Final Results on Mar 31, 2023ageas SA/NV announced that they will report fiscal year 2022 final results on Mar 31, 2023공시 • Jan 02ageas SA/NV to Report Fiscal Year 2022 Results on Feb 22, 2023ageas SA/NV announced that they will report fiscal year 2022 results on Feb 22, 2023Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to Mex$880, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Insurance industry in South America. Total loss to shareholders of 10% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$412 per share.Upcoming Dividend • Oct 19Upcoming dividend of €1.05 per shareEligible shareholders must have bought the stock before 26 October 2022. Payment date: 28 October 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of Mexican dividend payers (6.6%). Higher than average of industry peers (6.3%).Upcoming Dividend • May 25Upcoming dividend of €1.93 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Mexican dividend payers (6.0%). In line with average of industry peers (6.0%).Reported Earnings • May 22First quarter 2022 earnings released: EPS: €1.47 (vs €1.58 in 1Q 2021)First quarter 2022 results: EPS: €1.47 (down from €1.58 in 1Q 2021). Revenue: €2.25b (down 35% from 1Q 2021). Net income: €271.8m (down 8.1% from 1Q 2021). Profit margin: 12% (up from 8.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 19% compared to a 21% growth forecast for the industry in Mexico.Reported Earnings • Apr 06Full year 2021 earnings released: EPS: €4.52 (vs €6.07 in FY 2020)Full year 2021 results: EPS: €4.52 (down from €6.07 in FY 2020). Revenue: €13.5b (up 12% from FY 2020). Net income: €845.0m (down 26% from FY 2020). Profit margin: 6.3% (down from 9.5% in FY 2020). The decrease in margin was driven by higher expenses. Combined ratio: 95.4% (up from 91.3% in FY 2020). Over the next year, revenue is expected to shrink by 25% compared to a 19% growth forecast for the insurance industry in Mexico.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS €0.60 (vs €1.78 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €3.29b (down 7.8% from 2Q 2020). Net income: €111.1m (down 67% from 2Q 2020). Profit margin: 3.4% (down from 9.5% in 2Q 2020).매출 및 비용 세부 내역ageas가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BMV:AGS N 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 237,52995389030 Sep 236,6421,135-560030 Jun 2312,4149111,097031 Mar 239,7881,005881031 Dec 226,9911,09766030 Sep 229,9519821,023030 Jun 228,5411,069569031 Mar 2212,260821995031 Dec 2113,459845988030 Sep 2113,277715980030 Jun 2113,117757963031 Mar 2113,558985962031 Dec 2011,9481,141974030 Sep 2011,7401,0961,007030 Jun 2012,0721,1641,012031 Mar 2012,3131,1791,007031 Dec 1914,7619791,002030 Sep 1914,0491,031894030 Jun 1913,594974895031 Mar 1912,949813895031 Dec 1811,565809883030 Sep 1812,378919899030 Jun 1812,376781900031 Mar 1812,293761895031 Dec 1712,519623902030 Sep 1712,385269919030 Jun 1712,880378948031 Mar 1712,980771937031 Dec 1613,31827966030 Sep 1613,611289957030 Jun 1613,675234963031 Mar 1613,230-104963031 Dec 1513,529770962030 Sep 1514,413793971030 Jun 1514,577914962031 Mar 1514,470687954031 Dec 1414,108476946030 Sep 1413,333339939030 Jun 1413,077129935031 Mar 1412,742307933031 Dec 1313,260570928030 Sep 1314,645737930030 Jun 1314,9009109270양질의 수익: AGS N는 고품질 수익을 보유하고 있습니다.이익 마진 증가: AGS N의 현재 순 이익률 (12.7%)은 지난해 (15.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: AGS N의 수익은 지난 5년 동안 연평균 0.7% 증가했습니다.성장 가속화: AGS N은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: AGS N은 지난 1년 동안 수익이 감소(-13.1%)하여 Insurance 업계 평균(10.9%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: AGS N의 자본 수익률(13.8%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YInsurance 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/04/21 09:00종가2024/01/23 00:00수익2023/12/31연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스ageas SA/NV는 22명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Alessia MagniBarclaysMichael HuttnerBerenbergFrancois BoissinBNP Paribas19명의 분석가 더 보기
공시 • Sep 12+ 2 more updatesageas SA/NV to Report Fiscal Year 2025 Final Results on Apr 09, 2026ageas SA/NV announced that they will report fiscal year 2025 final results on Apr 09, 2026
공시 • Jan 01+ 2 more updatesageas SA/NV to Report First Half, 2025 Results on Aug 27, 2025ageas SA/NV announced that they will report first half, 2025 results on Aug 27, 2025
공시 • May 31ageas SA/NV to Report First Half, 2024 Results on Aug 28, 2024ageas SA/NV announced that they will report first half, 2024 results on Aug 28, 2024
공시 • Jan 01+ 2 more updatesageas SA/NV to Report Fiscal Year 2023 Final Results on Apr 12, 2024ageas SA/NV announced that they will report fiscal year 2023 final results on Apr 12, 2024
Reported Earnings • Sep 01First half 2023 earnings released: EPS: €2.89 (vs €3.05 in 1H 2022)First half 2023 results: EPS: €2.89 (down from €3.05 in 1H 2022). Revenue: €5.30b (up 49% from 1H 2022). Net income: €531.0m (down 5.7% from 1H 2022). Profit margin: 10.0% (down from 16% in 1H 2022). Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Insurance industry in South America are expected to grow by 8.5%.
공시 • May 13ageas SA/NV to Report First Half, 2023 Results on Aug 30, 2023ageas SA/NV announced that they will report first half, 2023 results on Aug 30, 2023
공시 • 10h+ 1 more updateageas SA/NV Appoints Renaud Dumora as A Non-Executive Member of the Board of Directorsageas SA/NV at its Ordinary and Extraordinary General Meetings of Shareholders held on May 20, 2026 approved to appoint Mr. Renaud Dumora as a non-executive member of the Board of Directors for a period of 4 years.
공시 • Apr 30ageas SA/NV (ENXTBR:AGS) completed the acquisition of remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539).ageas SA/NV (ENXTBR:AGS) signed a framework agreement to acquire remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) for €1.9 billion on December 7, 2025. A cash consideration of €1.9 billion will be paid by ageas SA/NV. As part of consideration, €1.9 billion is paid towards common equity of AG Insurance SA/NV. Upon completion, ageas SA/NV will own 100% stake in AG Insurance SA/NV. The transaction will be financed via equity placement of 18.5 million shares at a price if €60 per share valued at €1.1 billion to BNP Paribas Cardif and use of existing cash, existing financing facilities and flexibility in debt capital market. The deal is expected to be finalized in 2Q26, after obtaining the necessary regulatory approvals. ageas SA/NV (ENXTBR:AGS) completed the acquisition of remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) on April 28, 2026. Pursuant the agreement, BNP Paribas nominated Renaud Dumora for appointment as a non-executive member of the Board of Directors of ageas SA/NV at the upcoming General Shareholders Meeting of May 20, 2026.
공시 • Apr 22ageas SA/NV, Annual General Meeting, May 20, 2026ageas SA/NV, Annual General Meeting, May 20, 2026, at 10:30 Romance Standard Time. Location: auditorium of ag insurance, ag campus rue du pont neuf 17, 1000 brussels, Belgium
공시 • Feb 25ageas SA/NV Proposes Gross Cash Dividend for 2025ageas SA/NV proposed total gross cash dividend of EUR 3.75 for 2025, fully in line with its commitment, +7% vs 2024.
공시 • Dec 08ageas SA/NV (ENXTBR:AGS) signed a framework agreement to acquire remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) for €1.9 billion.ageas SA/NV (ENXTBR:AGS) signed a framework agreement to acquire remaining 25% stake in AG Insurance SA/NV from BNP Paribas Fortis SA (ENXTBR:017250539) for €1.9 billion on December 7, 2025. A cash consideration of €1.9 billion will be paid by ageas SA/NV. As part of consideration, €1.9 billion is paid towards common equity of AG Insurance SA/NV. Upon completion, ageas SA/NV will own 100% stake in AG Insurance SA/NV. The transaction will be financed via equity placement of 18.5 million shares at a price if €60 per share valued at €1,110 million to BNP Paribas Cardif and use of existing cash, existing financing facilities and flexibility in debt capital market. The deal is expected to be finalized in 2Q26, after obtaining the necessary regulatory approvals.
공시 • Sep 12+ 2 more updatesageas SA/NV to Report Fiscal Year 2025 Final Results on Apr 09, 2026ageas SA/NV announced that they will report fiscal year 2025 final results on Apr 09, 2026
공시 • Mar 13Allianz, ageas Reportedly Eye British Insurer esureBelgian insurer ageas SA/NV (ENXTBR:AGS) has retained advisors to explore a bid for British motor and home insurer esure Group plc, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market. Allianz SE (XTRA:ALV) has also been working on an offer for esure in recent weeks, said two of the people, speaking on condition of anonymity. There will only be one main round of bidding, with a deadline in the next few weeks, the third person said, cautioning that a deal is not guaranteed. Bids for esure, owned by private equity firm Bain Capital, could be around GBP 1.5 billion ($1.94 billion), a fifth person said. All five people were speaking on condition of anonymity because the process is private. Spokespeople for Bain, Ageas, Allianz and esure declined to comment.
공시 • Feb 28Ageas Sa/Nv Proposes Final Dividendageas SA/NV proposed total dividend of EUR 3.50 per share. Final dividend of EUR 2.00 per share.
공시 • Jan 01+ 2 more updatesageas SA/NV to Report First Half, 2025 Results on Aug 27, 2025ageas SA/NV announced that they will report first half, 2025 results on Aug 27, 2025
공시 • Aug 29ageas SA/NV (ENXTBR:AGS) announces an Equity Buyback for €200 million worth of its shares.ageas SA/NV (ENXTBR:AGS) announces a share repurchase program. Under the program, the company will repurchase up to €200 million of its shares. The shares repurchased will be held in treasury. The program is valid till July 31, 2025.
공시 • Aug 28ageas SA/NV Declares Interim Gross Cash Dividend for the Fiscal Year 2024ageas SA/NV declared a Interim gross cash dividend of EUR 1.50 per share for the fiscal year 2024.
공시 • May 31ageas SA/NV to Report First Half, 2024 Results on Aug 28, 2024ageas SA/NV announced that they will report first half, 2024 results on Aug 28, 2024
공시 • Mar 25Ageas Plans Not to Make Further Offer for Direct Line Insuranceageas SA/NV (ENXTBR:AGS) announced that, following the two recent attempts to engage with the Board of Directors of Direct Line Insurance Group plc (LSE:DLG) ("Direct Line") in relation to the acquisition by Ageas of the entire issued and to be issued share capital of Direct Line, which were both rejected, it will not make an offer for Direct Line. As a result of this announcement, Ageas (and any persons acting in concert with it) will, except with the consent of the UK Panel on Takeovers and Mergers (the "Panel"), be bound by the restrictions contained in Rule 2.8 of the Code. For the purposes of Rule 2.8 of the Code, Ageas (and any persons acting in concert with it) reserves the right to announce an offer or possible offer for Direct Line or make or participate in an offer or possible offer for Direct Line and/or take any other action otherwise precluded under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances described in Note 2 to Rule 2.8 of the Code: (i) with the agreement of the Board of Directors of Direct Line; (ii) if a third party (including another publicly identified potential offeror) announces a firm intention to make an offer for Direct Line; (iii) if Direct Line announces a Rule 9 waiver or a reverse takeover (as defined in the Code); or (iv) if the Panel determines there has been a material change of circumstances. On 19 January 2024, Ageas provided the Board of Direct Line with an initial possible offer proposal (the "Initial Possible Offer") to acquire the entire issued and to be issued share capital of Direct Line. The terms of the Initial Possible Offer were improved on 9 March 2024 and set out in an announcement (the "Improved Possible Offer") on 13 March 2024. Ageas believes that the proposal, on these terms, would have created significant value for both groups of shareholders and other stakeholders. Throughout the entire process, Ageas has always sought engagement with Direct Line's Board. Ageas regrets that it has not been able to work collaboratively together with the Board of Directors of Direct Line towards a recommended Firm Offer. Ageas was not able to identify additional elements based on publicly available information that would justify significant adjustments to the terms of its possible offer. Therefore, consistent with its financial discipline, Ageas has decided not to make a Firm Offer. Ageas continues to believe in the underlying attractiveness and future opportunities of the UK personal lines sector and the role of Ageas UK in this market, underpinned by its successful turnaround over the last few years. Ageas UK will continue to execute its focused personal lines insurance strategy alongside its valued distribution partners. Ageas remains focused on the execution of its strategy, as a group of local companies outperforming in their markets, benefitting from synergies within the Group. Ageas re-iterates its confidence to deliver on its stated Impact24 financial and operating targets thanks to the strong performance of its operating entities. The Group's solid foundations underpin our attractive dividend growth ambitions in line with our stated Impact24 ambitions and beyond this strategic cycle. Hans De Cuyper, CEO of Ageas, said: "We had hoped to reach agreement on a jointly recommended Firm Offer together with the Direct Line Board. However, I am convinced that given the circumstances we took the right decision not to make an offer, staying true to who we are and what we stand for in terms of maintaining a friendly approach and respecting our financial discipline. I sincerely want to thank our employees and advisors who delivered outstanding performance exploring this opportunity, and our investors for their continued trust in our company".
공시 • Mar 16BNP Paribas Reportedly Considers Buying Fosun's Ageas StakeBNP Paribas SA (ENXTPA:BNP) is considering a potential acquisition of Fosun International Limited (SEHK:656)’s stake in Belgian insurer ageas SA/NV (ENXTBR:AGS), according to people with knowledge of the matter. The French lender has been holding discussions on a possible purchase of Fosun’s holding in Ageas, said the people, who asked not to be identified because the information is private. Fosun has about a 10% interest in Ageas valued at roughly €750 million ($816 million) based on March 14, 2024 closing price, according to a regulatory filing. The figure includes its stock ownership as well as derivative holdings. The deliberations are ongoing and there’s no certainty they will lead to a transaction, the people said. Representatives for BNP and Ageas declined to comment. Fosun couldn’t immediately be reached for comment outside regular business hours. Bloomberg News reported last month that Fosun has been working with advisers to explore a sale of its Ageas stake. The Chinese conglomerate, which is backed by billionaire Guo Guangchang, has been accelerating a divestment push as it seeks to cut its debt load following a global acquisition spree. BNP’s potential move comes as Ageas pushes ahead with a contentious pursuit of a takeover of London-listed Direct Line Insurance Group Plc. The UK insurer said this week it had rejected a second takeover offer from Ageas valuing it at about £3.2 billion ($4.1 billion).
공시 • Feb 29Direct Line Soars as Ageas Mulls 3.10b BidShares in Direct Line Insurance Group plc (LSE:DLG) jumped on February 28, 2024 after Belgian insurer ageas SA/NV (ENXTBR:AGS) confirmed it was considering making an offer for the company. Shares in Direct Line, the Bromley, England-based motor and home insurer, soared 22% to 199.69 pence each in London on February 28, 2024. Ageas said the terms of the proposed cash and shares offer had an implied value of 233p per Direct Line share, representing a premium of 43% to 163.35 pence, closing price on February 27, 2024. The terms of the proposed bid are 100p in cash for each Direct Line share, and one new Ageas share for every 25.24047 Direct Line shares. Ageas said this would value Direct Line at around GBP 3.10 billion. A combination offered "compelling strategic and financial value for both Ageas and Direct Line shareholders", it added. Ageas highlighted the potential to drive operational improvements and efficiencies, in part through the removal of overlapping overhead costs after the integration of Ageas' and Direct Line'sUK businesses. Earlier February 28, 2024, Bloomberg reported that Direct Line had rebuffed an approach from Ageas, citing people familiar with the matter.
공시 • Jan 01+ 2 more updatesageas SA/NV to Report Fiscal Year 2023 Final Results on Apr 12, 2024ageas SA/NV announced that they will report fiscal year 2023 final results on Apr 12, 2024
공시 • Sep 27La Mutuelle Epargne Retraite Prévoyance Carac acquired French Life Insurance activities of Ageas.La Mutuelle Epargne Retraite Prévoyance Carac signed an agreement to acquire French Life Insurance activities of Ageas on April 21, 2023. Ageas’s French Life and Pension activities consist of Ageas France, Ageas Retraite, Ageas Patrimoine and Sicavonline. The transaction is subject to regulatory approval. French Life Insurance activities generated revenue of €6.1 million in 2022. The transaction is expected to be closed during third quarter of 2023. La Mutuelle Epargne Retraite Prévoyance Carac completed the acquisition of French Life Insurance activities of Ageas on September 25, 2023. All regulatory approvals regarding the sale of French life insurance, savings and pension business to La Mutuelle Epargne Retraite Prévoyance Carac have been obtained.
Reported Earnings • Sep 01First half 2023 earnings released: EPS: €2.89 (vs €3.05 in 1H 2022)First half 2023 results: EPS: €2.89 (down from €3.05 in 1H 2022). Revenue: €5.30b (up 49% from 1H 2022). Net income: €531.0m (down 5.7% from 1H 2022). Profit margin: 10.0% (down from 16% in 1H 2022). Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Insurance industry in South America are expected to grow by 8.5%.
Upcoming Dividend • May 24Upcoming dividend of €1.05 per share at 7.3% yieldEligible shareholders must have bought the stock before 31 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 7.3%. Within top quartile of Mexican dividend payers (6.7%). In line with average of industry peers (8.0%).
공시 • May 13ageas SA/NV to Report First Half, 2023 Results on Aug 30, 2023ageas SA/NV announced that they will report first half, 2023 results on Aug 30, 2023
Reported Earnings • Apr 17Full year 2022 earnings released: EPS: €5.49 (vs €4.52 in FY 2021)Full year 2022 results: EPS: €5.49 (up from €4.52 in FY 2021). Revenue: €9.87b (down 27% from FY 2021). Net income: €1.01b (up 20% from FY 2021). Profit margin: 10% (up from 6.3% in FY 2021). The increase in margin was driven by lower expenses. Combined ratio: 96.5% (up from 95.4% in FY 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in South America.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: €5.49 (vs €4.52 in FY 2021)Full year 2022 results: EPS: €5.49 (up from €4.52 in FY 2021). Revenue: €10.4b (down 23% from FY 2021). Net income: €1.01b (up 20% from FY 2021). Profit margin: 9.7% (up from 6.3% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Insurance industry in South America.
공시 • Jan 12ageas SA/NV to Report Fiscal Year 2022 Final Results on Mar 31, 2023ageas SA/NV announced that they will report fiscal year 2022 final results on Mar 31, 2023
공시 • Jan 02ageas SA/NV to Report Fiscal Year 2022 Results on Feb 22, 2023ageas SA/NV announced that they will report fiscal year 2022 results on Feb 22, 2023
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to Mex$880, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Insurance industry in South America. Total loss to shareholders of 10% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$412 per share.
Upcoming Dividend • Oct 19Upcoming dividend of €1.05 per shareEligible shareholders must have bought the stock before 26 October 2022. Payment date: 28 October 2022. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 7.5%. Within top quartile of Mexican dividend payers (6.6%). Higher than average of industry peers (6.3%).
Upcoming Dividend • May 25Upcoming dividend of €1.93 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Mexican dividend payers (6.0%). In line with average of industry peers (6.0%).
Reported Earnings • May 22First quarter 2022 earnings released: EPS: €1.47 (vs €1.58 in 1Q 2021)First quarter 2022 results: EPS: €1.47 (down from €1.58 in 1Q 2021). Revenue: €2.25b (down 35% from 1Q 2021). Net income: €271.8m (down 8.1% from 1Q 2021). Profit margin: 12% (up from 8.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 19% compared to a 21% growth forecast for the industry in Mexico.
Reported Earnings • Apr 06Full year 2021 earnings released: EPS: €4.52 (vs €6.07 in FY 2020)Full year 2021 results: EPS: €4.52 (down from €6.07 in FY 2020). Revenue: €13.5b (up 12% from FY 2020). Net income: €845.0m (down 26% from FY 2020). Profit margin: 6.3% (down from 9.5% in FY 2020). The decrease in margin was driven by higher expenses. Combined ratio: 95.4% (up from 91.3% in FY 2020). Over the next year, revenue is expected to shrink by 25% compared to a 19% growth forecast for the insurance industry in Mexico.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS €0.60 (vs €1.78 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €3.29b (down 7.8% from 2Q 2020). Net income: €111.1m (down 67% from 2Q 2020). Profit margin: 3.4% (down from 9.5% in 2Q 2020).