EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €2.1bn
EQS-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results
Munich Re has made a strong start to the year. With a preliminary net profit of approximately €2.1bn in the first quarter of 2024, the Group significantly surpassed analysts’ expectations of €1,476m*.
The operational performance of all lines of business was better than expected for the full year:
Munich Re still anticipates a net result of €5bn for the 2024 financial year. Surpassing this target has become more likely due to the Q1 result. Munich Re will provide final Q1 2024 results on 8 May as scheduled. * Mean value derived from the estimates of 11 financial analysts. Contact: Dr. Stefan Gehring General Counsel Group Compliance Officer End of Inside Information
23-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München |
Königinstraße 107 | |
80802 München | |
Germany | |
Phone: | +49(0) 89 3891-0 |
Fax: | +49(0) 89 399 056 |
E-mail: | [email protected] |
Internet: | www.munichre.com |
ISIN: | DE0008430026, DE0008430026 |
WKN: | 843002, 843002 |
Indices: | DAX, EURO STOXX 50 |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Mailand |
EQS News ID: | 1887053 |
End of Announcement | EQS News Service |
|
1887053 23-Apr-2024 CET/CEST
Münchener Rückversicherungs-Gesellschaft AG Stock
Münchener Rückversicherungs-Gesellschaft AG is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a current price of 461.2 € Münchener Rückversicherungs-Gesellschaft AG is right around the predicted target price of 463 €.