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Natixis releases Q4 financial results, showing net income up 16%

Natixis’ financial results show that the first year of implementing their ‘New Frontier strategic plan’ has been highly effective. Indeed, the re-allocation of capital towards their core businesses is now virtually complete – and all their businesses made progress and exceeded their revenue targets in France and abroad. Laurent Mignon, Natixis’ CEO, discusses future plans of the capital being freed-up, which ‘will enable us to respect our dividend payout commitments and fund the growth initiatives underpinning our strategy, particularly the acquisitions planned of DNCA and Leonardo and Co, an expert body in M&A for Midcap, subsidiary of Banca Leonardo.’

Following outreach by Moorgate, the news was picked up by Bloomberg, Hedgeweek, Global Capital, Funds Europe and Reuters.

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