Amundi SA
AMUN: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| c&@ | LOCK|?>qx | LOCK|<%K@&S |
Amundi Earnings: Fundamentals Remain Sound, but UniCredit Shadows Loom
Amundi reported a 5% drop in second-quarter net profit, adjusted for the sale of a controlling stake in its US operations. Weaker client inflows, declining fee margins, and dollar depreciation affected the results. The firm's shares fell nearly 9% on July 29.
