First half and second quarter 2025 results

Valérie Baudson, Chief Executive Officer, said: "With net inflows of +€52bn, Amundi’s performance in the first half of the year was equivalent to the whole of 2024. The depth of our offering and our extensive expertise allow us to respond effectively to our clients' needs, through our active strategies, passive management, responsible investment, employee savings schemes, technology services and fund distribution solutions.
Amundi has continued to grow both in terms of activity and results, with first half revenues³ up +5% and profit before tax³ up +4% year-on-year⁴.
Amundi has also leveraged its position as Europe's leading asset manager, as our clients look for greater diversification in their allocations, with a renewed interest in Europe. With €2.3tn in assets under management, Amundi is the only European player among the top 10 global asset managers, and a preferred gateway for players wishing to invest on the continent. Our comprehensive range of solutions enables investors to finance European companies and economies, and we continue to expand, through ETFs and actively managed funds focused on European sovereignty.»

[1] See definition of assets under management p.14
[2] Excluding JV and Victory Capital – US Distribution US, whose contributions are equity-accounted
[3] Adjusted data: see p. 16
[4] For explanations of pro forma variations, see p. 12 and 13