A fifth consecutive year of operating earnings higher than €2bn was expected, but the impact of the Coronavirus is the most pursued information now. The company said that it is not possible to assess fairly the impact of the virus, but it confirmed its strategic plan’s targets. The proposed dividend was €0.96/share and the Solvency II ratio is high at 224%. We keep our positive opinion on the company but we will adjust down our figures for 2020-21.
13 Mar 2020
Confirmed targets despite difficult 2020
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Confirmed targets despite difficult 2020
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
13 Mar 2020 -
Author:
Bassem Neifer -
Pages:
3
A fifth consecutive year of operating earnings higher than €2bn was expected, but the impact of the Coronavirus is the most pursued information now. The company said that it is not possible to assess fairly the impact of the virus, but it confirmed its strategic plan’s targets. The proposed dividend was €0.96/share and the Solvency II ratio is high at 224%. We keep our positive opinion on the company but we will adjust down our figures for 2020-21.