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The chairman, Jean Peyrelevade, told a shareholder meeting that the first quarter of last year had been exceptionally strong thanks to booming global equity markets.
The boom is certainly exceptionally long and lucrative.
Russian exports have boomed because the fallen ruble has made them exceptionally cheap while economic growth elsewhere has driven up demand.
Business boomed.
CRASH, crash, boom, boom, slide.
Exports boomed.
Attendance boomed.
And much of the consumption boom was probably due to the exceptionally mild winter, which may have induced people to spend more than they might normally have done.
Both companies did exceptionally well in the insurance boom that followed the World Trade Center attacks because they were willing to take on the riskiest business at what they regarded as appropriately high prices.
They had been among the Canadians drawn to Fort McMurray by jobs that paid exceptionally high wages during the oil boom.
In 1998, exceptionally low mortgage rates spurred a record housing boom.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com