Unipol Gruppo: 2019 Results Up

CorporateFinancial
Friday, February 14, 2020 - 06:40

The Board of Directors of Unipol Gruppo S.p.A., which met yesterday under the chairmanship of Pierluigi Stefanini, analysed the consolidated preliminary results for 2019. The definitive results will be examined by the governing body at its meeting scheduled for 19 March next.

  • Consolidated net profit of €1,087m (+73% compared to 2018)
  • Normalised consolidated net profit of €732m (+19.5% compared to 2018)
  • Proposed dividend of €0.28 per share (+56% compared to 2018)
  • 2019-2021 Strategic Plan targets confirmed
  • Direct insurance income €14.0bn (+14.4% on a comparable basis)
  • Combined Ratio 93.7% (94.4% in 2018)
  • Consolidated solvency ratio of 181% (163% in 2018)
  • Reinforced leadership status in the health business with significant growth in premium income (+11.2% compared to 2018)

Read the complete Press Release