Unipol Group: draft financial statements and consolidated financial statements for 2018 approved

Friday, March 15, 2019 - 07:05

The  Board  of  Directors  of  Unipol  Gruppo  S.p.A.,  which  met  yesterday  under  the  chairmanship  of  Pierluigi  Stefanini,  approved  the  integrated  consolidated  financial  statements  and  draft  financial statements of Unipol Gruppo, confirming the preliminary results reported on 8 February last.

  • The preliminary results reported on 8 February last are confirmed.
  • Consolidated  net  profit  of  €628m  (loss  of  €169m  in  2017  due  to  the banking business restructuring plan)
  • Combined ratio after reinsurance 94.2% (96.4% in 2017)
  • Consolidated solvency ratio of 163% based on the partial internal model
  • Proposed dividend of €0.18 per share (dividend yield 4.5%)
  • Shareholders’ Meeting scheduled for 18 April 2019
  • Launch of the share repurchase programme for the compensation plans

Read the complete Press Release.