March 18, 2019 / 6:51 AM / 3 months ago

French insurer April sees operating profit up 5%-10% per year by 2022

PARIS, March 18 (Reuters) - French insurer April, in which private equity firm CVC is looking to buy a majority stake, outlined on Monday targets for more earnings growth this year.

April said it now expects current earnings before interest and tax (EBIT) was expected to rise by 4-7 percent in 2019, and to grow an annual average growth of between 5 and 10 percent between 2019 and 2022. (Reporting by Sudip Kar-Gupta; Editing by Inti Landauro)

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