Allianz has cancelled the Q1 and Q3 Interim Reports from 2016 onwards using the change in the EU Transparency Directive. The information given regarding Q1 16 developments are therefore rather limited and refer mainly to the internal operating profit calculation of Allianz which can’t be fully restated to the normal income statement. Net profit attributable to shareholders increased by 20.5% to €2.2bn for Q1 16 versus the same period last year. Premiums earned were down by 5% to &e
11 May 2016
Solid Q1 16 figures but lower transparency
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Solid Q1 16 figures but lower transparency
Allianz SE (ALV:WBO) | 0 0 (-0.1%) | Mkt Cap: 83,357m
- Published:
11 May 2016 -
Author:
Dieter Hein -
Pages:
2
Allianz has cancelled the Q1 and Q3 Interim Reports from 2016 onwards using the change in the EU Transparency Directive. The information given regarding Q1 16 developments are therefore rather limited and refer mainly to the internal operating profit calculation of Allianz which can’t be fully restated to the normal income statement. Net profit attributable to shareholders increased by 20.5% to €2.2bn for Q1 16 versus the same period last year. Premiums earned were down by 5% to &e