Q1 2015-earnings-infographic
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Sales increased 32% to EUR 2.75 billion in Q1 2015 compared to Q1 2014, however underlying earnings decreased 6% to EUR 469 million due to adverse claims. Net income also declined 19% to EUR 316 million. Gross deposits grew 39% to EUR 18.7 billion in Q1 2015, up from EUR 13.5 billion in the same period last year. Aegon aims to raise its stake in its Indian joint venture from 26% to 49% and is trialing new technologies like a video service for submitting insurance claims and a venture fund for financial sector startups.
Q1 2015-earnings-infographic
- 1. Q1 2015 Results Alex Wynaendts CEO Growing our business pro鍖tably While earnings this quarter were disappointing due to adverse claims, the record sales we achieved across the company show how we are growing our business pro鍖tably Overview Underlying earnings per region (EUR million) Strategic Objectives Sales +32% EUR million 1Q15 1Q14 2,750 2,086 Underlying earnings -6% EUR million 1Q15 1Q14 469 498 Net Income -19% EUR million 1Q15 1Q14 316 392 Gross Deposits +39% EUR billion 1Q15 1Q14 18.7 13.5 Americas Netherlands New Markets HoldingUnited Kingdom 290 131 51 (42)38 In 2015 our employees focus on Performance Management, Collaboration across businesses and Innovation Aegon intends to raise its stake in Indian joint-venture from 26% to 49% Aegon trials a ground-breaking video service allowing customers to send us video footage when submitting adamage claim The Transamerica Venture Fund helps start-ups that develop technologies for the 鍖nancial sector