11.04.2013 |
- UNIQA generates EBT of 205.4 million euros: increase of 44.9% versus 2010
- Consolidated net profit totals 130.2 million euros
- Proposed dividend of 25 cents per share
The UNIQA Group generated earnings before taxes (EBT) of 205.4 million euros in the 2012 financial year (2011: -322.3 million euros). For 2012, UNIQA had set the target of generating EBT in excess of the earnings figure for 2010 (2010: 141.8 million euros).The company achieved this goal by an increase of 44.9%. Consolidated net profit (after taxes and minority interests) for the 2012 financial year amounted to 130.2 million euros (2011: 245.6 million euros). Total premiums written – including the savings portions of unit- and index-linked life insurance – rose slightly by 0.2% to 5,543.1 million euros (2011: 5,534.2 million euros).
The Group cost ratio after reinsurance dropped to 25.0% (2011: 26.8%). The combined ratio in property and casualty insurance after reinsurance fell to 101.3% in 2012 (2011: 104.9%). The ROE after taxes was 9.1%. The return on sales (ROS) was 3.9%. The Management Board will propose to the Supervisory Board and the Annual General Meeting the distribution of a dividend of 25 cents per share for the 2012 financial year. This corresponds to a payout ratio of 41%.
Clause regarding predictions about the future:
This report contains statements which refer to the future development of UNIQA. These statements present estimations which were reached upon the basis of all of the information available to us at the present time. If the assumptions on which they are based do not occur, the actual events may vary from the results currently expected. As a result, no guarantee can be provided for the information given.
Issuer:
UNIQA Group:
Untere Donaustrasse. 21
1029 Vienna, Austria
Telephone: +43 (01) 211 75-0
Branch: Insurance
ISIN: AT0000821103
Indices: ATX Prime, ATX FIN, WBI, VÖNIX
Stock exchange: Vienna
Vienna, 11. April 2013