Tous Actualités
Suivre
Abonner Vienna Insurance Group

Vienna Insurance Group

EANS-Adhoc: Vienna Insurance Group: 2010: Confirmation of the profit forecast 2011: Increase in pre-tax profit of 10 percent expected

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
22.09.2010
In today´s meeting of the supervisory board of the Vienna Insurance 
Group AG Wiener Versicherung Gruppe, the managing board advised that 
the target increase in pre-tax profit of at least 10 percent for the 
current business year is to be attained as planned.
The reason for this is the sustainable development of the Group in 
its core markets of Central and Eastern Europe as well as the effect 
of the group-wide measures designed to increase efficiency which are 
to come to a conclusion in 2010 according to plan.
The management of the Vienna Insurance Group expects this trend to 
continue also in 2011. Hence for 2011, pre-tax profit is expected to 
rise by approximately 10 percent again, with an increase in premium 
volume in the single-digit percentage range. This is provided there 
are no significant deterioration in economic and legal conditions and
no dramatic developments in terms of losses from natural 
catastrophes.
end of announcement                               euro adhoc

Further inquiry note:

VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
1010 Wien, Schottenring 30

Alexander Jedlicka
Public Relations
Tel.: +43 (0)50 350 21029
Fax: +43 (0)50 350 99 21029
E-Mail: alexander.jedlicka@vig.com

Thomas Schmee
Investor Relations
Tel.: +43 (0)50 350-21900
Fax: +43 (0)50 350 99-21900
E-Mail: thomas.schmee@vig.com

Branche: Insurance
ISIN: AT0000908504
WKN: A0ET17
Index: WBI, ATX Prime, ATX
Börsen: Prague Stock Exchange / stock market
Wien / official market

Plus de actualités: Vienna Insurance Group
Plus de actualités: Vienna Insurance Group