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AXA nudges multi-year targets lower
November 7, 2012 / 6:14 AM / in 5 years

AXA nudges multi-year targets lower

PARIS, Nov 7 (Reuters) - AXA, Europe’s No. 2 insurer, said it expected underlying earnings per share growth to remain in a 5 to 10 percent range between 2010 and 2015, in contrast to a previous 10 percent target.

AXA, which is due to hold its annual investor seminar on Wednesday, also said it now saw adjusted return on equity within a range of 13 to 15 percent in 2015, compared with an earlier forecast of 15 percent. (Reporting by Christian Plumb; Editing by James Regan)

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