Aegon slumps as results, guidance disappoint investors

Aegon

20/02/2025 08:29

** Shares in Dutch-based insurer Aegon  AEGN.AS  slump as
much as 8.5%, after their full-year results disheartened
investors
    ** J.P. Morgan analysts expect the shares to underperform
after "disappointing" results and a flat guidance for this year
    ** "OCG (organic capital generation) is in line with
expectations, but Aegon is not raising guidance, although we
still believe it can beat the 1.2 billion euro guidance", says
JPM
    ** The analysts point also that fall in shares can be
attributed to the strong performance of stock right up into
annual results
    ** Share on track for its worst day since 2021-11-26, when
it closed 8.9% lower
    ** Up to the previous session's close, shares were up 13.1%​
YTD

 (Reporting by Mateusz Rabiega)
 ((Mateusz.rabiega@thomsonreuters.com;))