ISIN:DE0008404005

EQS-News: Allianz SE: Allianz achieves record operating profit and shareholders’ core net income

Retrieved on: 
Wednesday, March 13, 2024

“Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world’s most resilient global insurers and active asset managers.

Key Points: 
  • “Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world’s most resilient global insurers and active asset managers.
  • Shareholders’ core net income increased to 2.4 (1.6) billion euros due to a higher operating profit and non-operating result.
  • 3 Core EPS and core RoE calculation based on shareholders‘ core net income.
  • “We’ve achieved another year of record results and all operating segments finished the year above or close to their operating profit target mid-points.

EQS-News: Allianz increases revenues by 4.5% to 36.5 billion euros - Group affirms full-year outlook

Retrieved on: 
Thursday, December 28, 2023

We confirm with confidence our operating profit target of 14.2 billion euros, plus or minus 1 billion euros.

Key Points: 
  • We confirm with confidence our operating profit target of 14.2 billion euros, plus or minus 1 billion euros.
  • Favorable foreign currency translation effects of 34.4 billion euros and net inflows of 10.5 billion euros were largely offset by market effects of 37.1 billion euros.
  • 9M 2023: Operating revenues decreased by 5.9 percent to 5.8 billion euros mainly as a result of lower AuM-driven revenues.
  • Third-party assets under managementwere 1.670 trillion euros as of September 30, 2023, up by 35 billion euros from the end of 2022.

EQS-News: Allianz SE: Allianz increases operating profit by 7.1% to 3.8 billion euros - Group affirms full-year outlook

Retrieved on: 
Thursday, August 10, 2023

2Q 2023: Operating profit increased 7.1 percent to 3.8 (2Q 2022: 3.5) billion euros.

Key Points: 
  • 2Q 2023: Operating profit increased 7.1 percent to 3.8 (2Q 2022: 3.5) billion euros.
  • Shareholders’ core net income was strong at 2.5 (2Q 2022: 2.0) billion euros due to a higher operating profit.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    2Q 2023: Total business volume rose by 8.0 percent to 17.6 (16.3) billion euros.
  • Positive net inflows of 2.7 billion euros and favorable market impacts of 2.0 billion euros were offset by negative foreign currency translation effects of 10.5 billion euros.

EQS-News: Allianz SE: Allianz increases operating profit by almost a quarter to 3.7 billion euros

Retrieved on: 
Friday, May 12, 2023

1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.

Key Points: 
  • 1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    1Q 2023: Total business volume rose by 11.2 percent to 24.1 (21.7) billion euros.
  • Operating profit increased to 1.3 (0.8) billion euros and benefited in particular from a higher result in the United States.
  • Positive net inflows of 14.9 billion euros and favorable market impacts of 42.2 billion euros were partially offset by negative foreign currency translation effects of 23.4 billion euros.

EQS-News: Allianz SE: Operating profit grows by 7.4 percent to 3.5 billion euros in 3Q - Group confirms full-year outlook

Retrieved on: 
Friday, November 11, 2022

3Q 2022: Operating profit increased 7.4 percent to 3.5 (3.2) billion euros, driven by improved investment and underwriting results in the Property-Casualty segment.

Key Points: 
  • 3Q 2022: Operating profit increased 7.4 percent to 3.5 (3.2) billion euros, driven by improved investment and underwriting results in the Property-Casualty segment.
  • On November 9, 2022, Allianz has announced a new share buy-back program of up to 1 billion euros.
  • 9M 2022: Operating profit increased 3.2 percent to 10.2 (9.9) billion euros, driven by higher operating profit in the Property-Casualty business segment.
  • We expect our full-year operating profit to reach the upper half of the target range of 13.4 billion euros, plus or minus 1 billion euros.