Brief: NN Group H1 Net Result Of EUR 0.6 Bln

NN

15/08/2024 06:04

Aug 15 (Reuters) - NN Group NV  NN.AS :
    * STRONG OPERATING CAPITAL GENERATION (OCG) OF EUR 959
MILLION IN
FIRST HALF OF 2024
    * H1 FREE CASH FLOW UP 8% YEAR-ON-YEAR TO EUR 899 MILLION,
WITH
CONTRIBUTION BETTER DIVERSIFIED BETWEEN BUSINESS UNITS
    * COMMITTED TO CAPITAL RETURN POLICY OF A PROGRESSIVE
DIVIDEND PER
SHARE AND ANNUAL SHARE BUYBACK OF AT LEAST EUR 300 MILLION
    * 2024 INTERIM DIVIDEND OF EUR 1.28 PER ORDINARY SHARE
    * OPERATING RESULT WAS EUR 1.3 BILLION AND NET RESULT WAS
EUR 0.6
BILLION IN FIRST HALF OF 2024
    * ANNOUNCING A CAPITAL MARKETS DAY ON 27 MAY 2025 TO PROVIDE
UPDATES ON STRATEGY AND TARGETS
    * H1 SOLVENCY II RATIO 192%
    * VALUE OF NEW BUSINESS INCREASED TO EUR 241 MILLION IN
FIRST HALF
OF 2024 COMPARED WITH EUR 195 MILLION IN FIRST HALF OF 2023

Source text: https://tinyurl.com/4kfbupra
Further company coverage:  NN.AS 

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