Societe Generale revenue rises 20.8% to €6.24B in Q1

Donnerstag, 06. Mai 2021 07:00

Societe Generale SA announced on Thursday that its revenue stood at €6.24 billion in the first quarter of fiscal 2021, rising by 20.8% compared to last year's starting quarter.

Its gross operating income landed at €1.49 billion, down from 2020's first-quarter income of €492 million. The company reported an EPS of €0.79 for the time period, which marks an increase compared to last year's loss per share of €0.57.

"This excellent start to the year confirms, in particular, the relevance of the decisions taken in recent quarters and their successful execution. It is a major milestone for the Group and enables us to approach 2021 with confidence and determination, confirming our ability to achieve our financial targets," said Group's Chief Executive Officer Frederic Oudea.

Related Links: Société Générale S.A.
Author:
Baha Breaking the News (BBN) / NL