TALANX AKTIENGESELLSCHAFT (FRA:TLX) EQS-Adhoc: Talanx Aktiengesellschaft: Talanx achieves quarterly result of EUR 572 million
Transparency directive : regulatory news
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EQS-Ad-hoc: Talanx Aktiengesellschaft / Key word(s): Quarter Results/Forecast AD-HOC ANNOUNCEMENT Publication of inside information pursuant to Article 17(1) of Regulation (EU) No 596/2014 on Market Abuse (Market Abuse Regulation - MAR) Talanx achieves quarterly result of EUR 572 million The Talanx Group has started the current financial year 2024 with a very strong first quarter and has significantly exceeded the analysts' consensus of EUR 466 million1 with a preliminary consolidated net income of EUR 572 (423) million. This development is primarily driven by the strong performance of the primary insurance activities. Despite this positive development in the first quarter, Talanx is maintaining its full-year forecast. However, confidence has now increased that the targeted group result of more than EUR 1.7 billion can be exceeded significantly. This earnings target assumes that large losses will not exceed the large loss budget, that the capital markets do not experience any upheavals and that no material currency fluctuations arise. Talanx AG will report the final results for the first 3 months of the current financial year 2024 as planned on 15 May 2024. 1 Mean value based on estimates from 6 financial analysts Contact: Bernd Sablowsky Head of Investor Relations HDI-Platz 1 30659 Hannover Tel: +49 511 37472793 End of Inside Information
25-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Talanx Aktiengesellschaft |
| HDI-Platz 1 | |
| 30659 Hannover | |
| Germany | |
| Phone: | +49 511 3747 2227 |
| Fax: | +49 511 3747 2286 |
| E-mail: | ir@talanx.com |
| Internet: | www.talanx.com |
| ISIN: | DE000TLX1005 |
| WKN: | TLX100 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1889637 |
| End of Announcement | EQS News Service |
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1889637 25-Apr-2024 CET/CEST