Annual results 2023: Record business generates solid

From GlobeNewswire: 2024-04-02 09:18:00

In 2023, AFL Group reported record business results, including an 81% increase in gross operating income, doubling of net income, and a 55% rise in net interest margin. They issued 1.9 billion euros in loans, welcomed 177 new local authority members, and raised 2.1 billion euros in the bond market with diverse issues. AFL’s financial results reached historic highs, with strong revenue growth and a cost of risk that significantly decreased. Their financial structure remains robust, with solid solvency ratios and ample liquidity reserves. AFL’s resilience in a market under tension and their focus on climate and sustainable finance won praise from stakeholders, driving plans for accelerated deployment in 2023. Strengthening governance on ESG issues is a key focus for AFL, with an emphasis on responsible commitments and climate finance strategies.



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