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TLX - Talanx AG News Story

€47.24 -0.5  -1.1%

Last Trade - 4:35pm

Sector
Financials
Size
Large Cap
Market Cap £10.11bn
Enterprise Value £16.38bn
Revenue £30.15bn
Position in Universe 103rd / 1050

BRIEF-Talanx Q1 Group Net Income Up At EUR 235 Mln

Thu 9th May, 2019 6:38am
May 9 (Reuters) - TALANX AG  TLXGn.DE :
    * Q1 GROUP NET INCOME UP 8% TO EUR 235 (218) MILLION
    * Q1 EBIT RISES 4% TO EUR 616 (592) BILLION
    * 2019 OUTLOOK UNCHANGED: GROUP NET INCOME AROUND EUR 900
MILLION
    * Q1 GROSS WRITTEN PREMIUMS UP 11% TO EUR 11.7 (10.6)
BILLION
    * Q1 OPERATING PROFIT ROSE BY 4% TO EUR 616 (592) MILLION
THANKS
TO THE RETAIL GERMANY, RETAIL INTERNATIONAL AND REINSURANCE
DIVISIONS
    * SAYS REMAINS COMMITTED TO ITS STATED TARGET OF
DISTRIBUTION
BETWEEN 35% AND 45% OF GROUP NET INCOME AS A DIVIDEND

Source text - https://bit.ly/2VR1Jgc
Further company coverage:  TLXGn.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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