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TLX - Talanx AG News Story

€29.34 -1.6  -5.2%

Last Trade - 01/04/20

Sector
Financials
Size
Large Cap
Market Cap £6.95bn
Enterprise Value £15.10bn
Revenue £33.93bn
Position in Universe 111th / 1043

BRIEF-Talanx Says FY Operating Profit Up 20% To 2.4 Bln Eur

Thu 6th February, 2020 6:36am
Feb 6 (Reuters) - Talanx AG  TLXGn.DE :
    * TALANX GENERATES RECORD RESULTS OF EUR 923 MILLION IN 2019
    * WRITTEN PREMIUM INCOME UP 13 PERCENT TO EUR 39.5 BILLION
    * OPERATING PROFIT CLIMBS 20 PERCENT TO EUR 2.4 BILLION
    * "20/20/20" PROGRAMME IN INDUSTRIAL LINES DIVISION EXCEEDS
EXPECTATIONS
    * GENERATED RECORD RESULTS OF EUR 923 (703) MILLION IN
FINANCIAL
YEAR 2019, BASED ON PRELIMINARY UNAUDITED CONSOLIDATED FIGURES -
AN INCREASE OF ROUGHLY 30 PERCENT
    * FOR FINANCIAL YEAR 2020, TALANX GROUP CONTINUES TO EXPECT
GROUP
NET INCOME TO RANGE BETWEEN "MORE THAN EUR 900 MILLION" AND EUR
950 MILLION


Further company coverage:  TLXGn.DE 

 (Berlin Speed Desk)
 ((frankfurt.newsroom@thomsonreuters.com;))
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