• Net profit attributable to shareholders increased by 18% to €2,714m for 2019 • Net result of the p&c reinsurance business increased by 38% to €1.56bn for 2019 • The dividend proposal rose from €9.25 per share for FY2018 to €9.80 per share for FY2019 • A new share buy-back programme of €1bn was announced two days ago
28 Feb 2020
Good 2019 results, in line with company's guidance but slightly below consensus
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Good 2019 results, in line with company's guidance but slightly below consensus
Munich Reinsurance Company (MUV:WBO) | 0 0 (-0.2%) | Mkt Cap: 28,293m
- Published:
28 Feb 2020 -
Author:
Dieter Hein -
Pages:
3
• Net profit attributable to shareholders increased by 18% to €2,714m for 2019 • Net result of the p&c reinsurance business increased by 38% to €1.56bn for 2019 • The dividend proposal rose from €9.25 per share for FY2018 to €9.80 per share for FY2019 • A new share buy-back programme of €1bn was announced two days ago