Generali succeeded in posting increases in both sales (up 0.5% to €70,704m) and operating earnings (up 0.3% yoy to €5,208m). Net profit dropped by 34.5% to €1,774m. The Board will propose a total dividend of €1.47 per share, of which €0.46 is relative to 2019. The insurer confirmed all its strategy plan’s targets. We reiterate our positive opinion on Generali.
11 Mar 2021
Well positioned to finish 2021 well
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Well positioned to finish 2021 well
- Published:
11 Mar 2021 -
Author:
Bassem Neifer | Grégoire Hermann -
Pages:
3
Generali succeeded in posting increases in both sales (up 0.5% to €70,704m) and operating earnings (up 0.3% yoy to €5,208m). Net profit dropped by 34.5% to €1,774m. The Board will propose a total dividend of €1.47 per share, of which €0.46 is relative to 2019. The insurer confirmed all its strategy plan’s targets. We reiterate our positive opinion on Generali.