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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.128 (0.04%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.128 0.04% 290.128 277.15 295.00 290.128 290.128 290.128 4 21:20:00

Allianz SE Presents 2019-21 Targets

30/11/2018 8:17am

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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   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.

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