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out</a></li> </ul></li> <li class="last expanded"><a href="https://www.april.com/journalists" title="">Journalists</a><ul class="menu"><li class="first expanded"><a href="https://www.april.com/journalists/press-releases" title="">Press releases</a><ul class="menu"><li class="first last leaf"><a href="https://www.april.com/journalists/press-releases/financial-releases" title="">Financial releases</a></li> </ul></li> <li class="last leaf"><a href="https://www.april.com/journalists/contacts">Contacts</a></li> </ul></li> </ul> </div> </div> </nav> <!--/ main nav --> </div> </header> <div></div> <!--/ page header bottom --> <!-- page intro --> <div class="page-intro"> <!-- style="background-image: url(http://www.april.com/sites/default/files/2000x316.gif)"--> <div class="pic"></div> <div class="grid-row clearfix"> <!--breadcrumbs--> <div class="breadcrumbs"><span class="breadcrumbcurrent"><a href="https://www.april.com/">Home</a></span></div> <div class="page-title grid-col-9"> <h1>APRIL 2017 annual results</h1> </div> <!--<div class="page-subtitle">L'assurance n'est plus ce qu'elle était</div>--> </div> </div> <!--/ page intro --> <!-- page content --> <div class="page-content"> <div class="grid-row"></div> <!-- page content section --> <div class="page-content-section "> <div class="grid-row "> <div id="block-system-main" class="block block-system"> <div class="content"> <div id="node-1368" class="node node-communique-de-presse clearfix"> <div class="content"> <article class="grid-row node-page"><div class="block grid-col grid-col-8"><div class="field-item even"><h2 class="h4 is-green">2017 current EBIT above expectations <br>Continued growth targeted for 2018</h2> <ul class="arrow-list_orange"> <li>Health & Personal Protection sales up 7.6% and Property & Casualty up 8.2%</li> <li>Current EBIT of €69.4m, up 6.2%</li> <li>Net income (Group share) of €39.6m, up 97.0%</li> <li>Proposed dividend of €0.27 per share, up 3.8%</li> </ul> <p>The APRIL group posted 2017 consolidated sales of €928.4m, up 7.8% compared with reported figures for the previous year, and current EBIT up 6.2% to €69.4m.</br> Following this announcement, APRIL CEO Emmanuel Morandini made the following comments:</br> <q>The results for 2017 confirm the appropriateness of the turnaround measures we have implemented: after the 2015 sales figures and 2016 gross margin, current EBIT and net income have returned to growth in 2017. Our key indicators are now all positive, backed by strong business momentum.</br> Over the coming years, we intend to continue the development and global expansion of our growth activities, such as local health insurance, loan insurance, international health insurance and niche P&C, while continuing to turn around our loss-making operations. We are therefore refocusing our efforts on the businesses, operations and markets that generate value-added.</br> Thanks to all of these factors, we are aiming at 2018 current EBIT growth of 6-10% compared to 2017."</q></p> </div><div class="footer_content_cp"><div class="field-item even"><span class="date-display-single">7 March 2018</span></div></div></div><aside class="block grid-col grid-col-3"><div class="field-item even"> <div class="share clearfix"> <span class="h4">Share this press release</span> <a href="https://www.facebook.com/sharer.php?u=https://www.april.com/journalists/press-releases/april-2017-annual-results" onClick="javascript:window.open(this.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=220,width=600'); return false;" class="facebook_color btn_share"> <i class="fa fa-facebook"></i> </a> <a href="https://twitter.com/share?url=https://www.april.com/journalists/press-releases/april-2017-annual-results" onClick="javascript:window.open(this.href, 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