Societe Generale Sees Slower Revenue Growth Through 2026

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Societe Generale Sees Slower Revenue Growth Through 2026
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By Adria Calatayud Societe Generale is targeting slower average annual revenue growth between 2022 and 2026 than for the 2021-25 period, and aims to...

Societe Generale is targeting slower average annual revenue growth between 2022 and 2026 than for the 2021-25 period, and aims to streamline its portfolio and reduce oil-and-gas exposure as part of a new strategy.

SocGen said it is targeting average annual revenue growth between 0% and 2% over the 2022-26 period. Under its previous targets between 2021 and 2025, the bank aimed to deliver average annual revenue growth of at least 3%.

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