Q2 and H1 2020 results
(World News Cezch Republic)

Q2 and H1 2020 results Good level of business activity and earnings SG partnership renewed for five years  AuM1 of €1,592bn at 30 June 2020, an increase of +7% ye ar-on-year(+4% vs. the end of Business March 2020) activity  Good trend in Medium-Long-Term2 assets: inflows +€3.5bn in Q2 2020, offsetting out flows in treasury products  Revenues3 affected by the market downturn (-7.3%in Q2 2020 vs. Q2 2019)...  ... offset by a reduction of operating expenses (-7.8%in Q2 2020 vs. Q2 2019) while continuing Results to hire for growth  Cost/income ratio3 improving (50.9% in Q2 2020, -0.3 pt. vs. Q2 2019)  Adjusted net income3 still high: €233m (vs. €258m in Q2 2019)  Excluding the impact of...