Allianz SE Presents 2019-21 Targets
November 30 2018 - 2:17AM
Dow Jones News
By Pietro Lombardi
Allianz SE (ALV.XE) said Friday that it targets a return on
equity of at least 13% in 2021 and earnings growth of at least 5% a
year on average in the next three years.
The German insurer sees earnings per share growing at an annual
rate of at least 5% between 2019 and 2021, it said as it presented
the 2019-21 targets ahead of its capital markets day.
Allianz is in the final stretch of its plan through 2018, which
targets an annual earnings per share growth of 5% on average
between 2016 and 2018, and a 2018 return on equity of 13%.
As of the third quarter, the company had beaten both targets,
with and EPS growth of 7.1% and a ROE of 13.8%, according to a
presentation.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
November 30, 2018 03:02 ET (08:02 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Allianz Ag Muenchen Namen (PK) (OTCMarkets): 0 recent articles
More Allianz Se (PC) News Articles