17.11.2005 |
Profit on ordinary activities already above plan for 2005 after first 9 months
As a result of very satisfactory development so far in the course of the second half-year of 2005, the UNIQA Group is expecting a group profit on ordinary activities of € 180 million, according to the current status of the IFRS prognosis for the financial year 2005. The updated profit estimate for the financial year 2005 is thus 50% above that of the previous year, which was € 120 million, and 20% more than the previously forecast value of € 150 million.
In the first three quarters of the current financial year, the UNIQA Group has achieved a consolidated written premium volume (including savings shares from fund- and index-linked life insurance) of over € 3.5 billion and thus an increase of 26.9% compared with the same period last year. The group profit on ordinary activities according to international accounting methods after 9 months is € 157.8 million and thus already 31% above the profit for the whole of 2004.
The UNIQA Group will be publishing detailed data on the first 9 months of the current financial year in their quarterly report on 30 November 2005.
Vienna, 17. November 2005