Generali revealed its new development plan. The company is targeting a 6-8% EPS CAGR range for the period, a dividend payout of 55-65% and an average ROE of >11.5%. The capital generation should reach €10bn, of which up to €4bn to be allocated to acquisitions. Management insisted that it can realise this plan even without acquisitions. At least €1.5bn will be allocated to debt reduction. An ambitious plan that would allow Generali to grow faster than its peers.
21 Nov 2018
Generali 2021: ambitious but achievable
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Generali 2021: ambitious but achievable
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
21 Nov 2018 -
Author:
Bassem Neifer -
Pages:
3
Generali revealed its new development plan. The company is targeting a 6-8% EPS CAGR range for the period, a dividend payout of 55-65% and an average ROE of >11.5%. The capital generation should reach €10bn, of which up to €4bn to be allocated to acquisitions. Management insisted that it can realise this plan even without acquisitions. At least €1.5bn will be allocated to debt reduction. An ambitious plan that would allow Generali to grow faster than its peers.