Great-West Lifeco Inc operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Great-West Lifeco Inc with three other
companies in this sector in Canada:
Manulife Financial Corporation
(2018
sales of 38.97 billion Canadian Dollars [US$29.59 billion]
of which 51%
was Asia Division),
Power Financial Corp
(47.03 billion Canadian Dollars [US$35.71 billion]
of which 94%
was Lifeco), and
Power Corporation of Canada
(48.10 billion Canadian Dollars [US$36.52 billion]
of which 92%
was Lifeco).
Sales Analysis.
Great-West Lifeco Inc reported sales of C$44.03 billion (US$33.43 billion)
for the
year ending
December of 2018.
This
represents
a
decrease of 5.9%
versus 2017, when the company's sales were C$46.81 billion.
Contributing to the drop in overall sales was the 14.1% decline
in United States, from C$9.08 billion to C$7.80 billion.
There were also decreases in sales in
Canada (down 11.0% to C$16.15 billion)
.
However, these declines were partially offset by the increase in sales of
Europe (up 1.5% to C$20.07 billion)
and
Lifeco Corporate (up 225.0% to C$13.00 million)
.