AXA Full-Year Net Profit Up 10%

AXA SA

reported a 10% gain in its full-year net profit. AXA's net profit for the year rose to 4.48 billion euros ($6.15 billion), versus a year-ago profit of EUR4.06 billion. However, analysts were expecting a profit of EUR4.8 billion. Its revenue climbed to EUR91.25 billion versus EUR90.13 billion. AXA shares closed at $26.92 yesterday.