Understanding our 2017 second quarter results

Frédéric Oudéa

Frédéric Oudéa's editorial

In a mixed economic and financial environment, Societe Generale posted sound results in Q2 2017, confirming the good commercial and operating performances achieved by the businesses at the beginning of the year and the relevance of its diversified and integrated banking model. The Group’s revenues were driven in particular by the growth in International Retail Banking & Financial Services, while profitability improved thanks to the control of costs and risks. The Group also continued to optimise its portfolio of activities with, in particular, the acquisition of 50% of the capital of Antarius (Crédit du Nord’s insurance company) and the stock market floatation of the ALD subsidiary.

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Viewpoint

Entrepreneurs in action

“An engaged and responsible player in a changing world,” is the title of the Viewpoint article by Séverin Cabannes, Deputy Chief Executive Officer, in the Group’s Activity Report 2016-2017. At Societe Generale, we are convinced that entrepreneurial spirit is a powerful force for reinvention. Which is why we decided to give entrepreneurs, clients, partners and members of staff the opportunity to share their point of view in this year’s report.

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Expert opinion

A market leader poised for further growth

Following ALD Automotive’s floatation on the stock exchange, Mike Masterson, Chief Executive Officer of ALD Automotive, discusses the reasons for the success of the largest IPO in Europe this year so far.
“Our ambition is to go further and to become the market leader in mobility solutions.”

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Innovation

TechWeek 2017 at the Dunes

The spotlight was on innovation at the start of July for TechWeek 2017, a major event held at the Group’s technological hub the Dunes in the east of Paris. Through numerous stands, conferences, workshops and showrooms, Societe Generale presented six of its principal innovations accelerating the Group’s digital transformation.

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ENGAGEMENTS

The Group's commitment to Corporate Social Responsibility

As a key player in financing the economy, Societe Generale seeks to offer the best solutions to generate a long-term positive impact on the environment. Find out all this year's Corporate Social Responsibility achievements in the Bank's new CSR Report.

Read the CSR Report 2016-2017

Citizen Commitment Time 2017

Embodying Societe Generale's social commitment, this annual event highlights the engagement of Group staff around the world. This year, over 40 countries are taking part with around 100 different sporting and charitable events taking place from May to October. In Paris, over two days in July, 1,450 staff pedalled 20,087km raising over €100,000. Worldwide, staff have now travelled more than 100,000km with all the kilometers transformed into monetary donation to charitable projects benefiting education and social integration through sporting and/or cultural activities.

Find out more

02/08/2017

Measuring our performance

Find below our previous Letters to Shareholders

Date Title Link
August 2017 Letter to Shareholders #107 - Understanding our 2017 Q2 Results Go to the page
June 2017 Letter to Shareholders #106 - Annual General Meeting held on 23 May 2017 Download PDF
May 2017 Letter to Shareholders #105 - Understanding our 2017 Q1 Results Go to the page
February 2017 Letter to Shareholders #104 - Understanding our 2016 Annuals Results Go to the page
Date Title Link
November 2016 Letter to Shareholders #103 - Understanding our 2016 Q3 Results Go to the page
August 2016 Letter to Shareholders #102 - Understanding our 2016 Q2 Results Go to the page
June 2016 Letter to Shareholders #101 - Annual General Meeting held on 18 May 2016 Download PDF
May 2016 Letter to Shareholders #100 - Understanding our 2016 Q1 Results Go to the page
February 2016 Letter to Shareholders #99 - Understanding our 2015 Annual Results Go to the page
Date Title Link
November 2015 Letter to Shareholders #98 - Understanding our 2015 Q3 Results Go to the page
August 2015 Letter to Shareholders #97 - Understanding our 2015 Q2 Results Go to the page
June 2015 Letter to Shareholders #96 - Annual General Meeting held on 19 May 2015 Download PDF
May 2015 Letter to Shareholders #95 - Understanding our 2015 Q1 Results Go to the page
February 2015 Letter to Shareholders #94 - Understanding our 2014 annual Results Go to the page
Date Title Link
November 2014 Letter to Shareholders #93 - Understanding our 2014 Q3 Results Go to the page
August 2014 Letter to Shareholders #92 - Understanding our 2014 Q2 Results Go to the page
June 2014 Letter to Shareholders #91 - Annual General Meeting held on 20 May 2014 Download PDF
May 2014 Letter to Shareholders #90 - Understanding our 2014 Q1 Results Go to the page
February 2014 Letter to Shareholders #89 - Understanding our 2013 Q4 & annual Results Go to the page
Date Title Link
November 2013 Letter to Shareholders #88 - 2013 Q3 Results (in French only) Download PDF
August 2013 Letter to Shareholders #87 - 2013 Q2 Results (in French only) Download PDF
June 2013 Letter to Shareholders #86 - 2013 Q1 Results (in French only) Download PDF
February 2013 Letter to Shareholders #85 - 2012 Q4 & annual Results (in French only) Download PDF
Date Title Link
November 2012 Letter to Shareholders #84 - 2012 Q3 Results (in French only) Download PDF
August 2012 Letter to Shareholders #83 - 2012 Q2 Results (in French only) Download PDF
June 2012 Letter to Shareholders #82 - 2012 Q1 Results (in French only) Download PDF
February 2012 Letter to Shareholders #81 - 2011 Q4 & annual Results (in French only) Download PDF
Date Title Link
November 2011 Letter to Shareholders #80 - 2011 Q3 Results (in French only) Download PDF
August 2011 Letter to Shareholders #79 - 2011 Q2 Results (in French only) Download PDF
June 2011 Letter to Shareholders #78 - 2011 Q1 Results (in French only) Download PDF
March 2011 Letter to Shareholders #77 - 2010 Q4 & annual Results (in French only) Download PDF