(RTTNews) – Allianz Group reported first quarter net income to shareholders of 2.47 billion euros, an increase of 21.8% from a year ago. Operating profit rose 6.8% to 4.0 billion euros driven by the Property-Casualty business segment, supported by good results in the Asset Management and the Life/Health business segments. Shareholders’ core net income was 2.5 billion euros, up by 15.7%. Core earnings per share was 6.42 euros compared to 5.43 euros.
First quarter total business volume rose by 5.3% to 48.4 billion euros, driven by all business segments.
The Group maintained its 2024 operating profit target at 14.8 billion euros, plus or minus 1 billion euros.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Comments are closed.