Earnings Release • May 7, 2013
Earnings Release
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News Details
Corporate | 7 May 2013 08:37
Allianz SE: Allianz key figures for the first quarter of 2013
Allianz SE / Key word(s): Preliminary Results
07.05.2013 / 08:37
For the first quarter of 2013, Allianz Group achieved total revenues of
around 32 billion euros, based on preliminary figures. This represents an
increase of 6.6 percent compared to revenues in the previous year's first
quarter of 30.1 billion euros.
Operating profit rose 20 percent over the same period to approximately 2.8
billion euros from 2.3 billion euros. Net income attributable to
shareholders reached around 1.7 billion euros in the first quarter of 2013
and was thus 24 percent over 1.4 billion euros for the previous year's
first quarter.
'The improvement in our results comes from all of our business segments, so
it is broad-based. Thus, the start into this fiscal year can be described
as truly successful,' said Michael Diekmann, CEO of Allianz SE. 'We are
well on our way toward achieving our operating profit outlook for the
entire year. Despite the good results in the first quarter, in view of the
existing market risks, the Board of Management sees no need for an
adjustment of our outlook for fiscal year 2013.'
As announced, Allianz will publish full details for the first quarter on
May 15, 2013.
These assessments are, as always, subject to the disclaimer provided below.
Cautionary Note Regarding Forward-Looking Statements
The statements contained herein may include prospects, statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and unknown
risks and uncertainties. Actual results, performance or events may differ
materially from those expressed or implied in such forward-looking
statements.
Such deviations may arise due to, without limitation, (i) changes of the
general economic conditions and competitive situation, particularly in the
Allianz Group's core business and core markets, (ii) performance of
financial markets (particularly market volatility, liquidity and credit
events) (iii) frequency and severity of insured loss events, including from
natural catastrophes, and the development of loss expenses, (iv) mortality
and morbidity levels and trends, (v) persistency levels, (vi) particularly
in the banking business, the extent of credit defaults, (vii) interest rate
levels, (viii) currency exchange rates including the Euro/U.S. Dollar
exchange rate, (ix) changes in laws and regulations, including tax
regulations, (x) the impact of acquisitions, including related integration
issues, and reorganization measures, and (xi) general competitive factors,
in each case on a local, regional, national and/or global basis. Many of
these factors may be more likely to occur, or more pronounced, as a result
of terrorist activities and their consequences.
No duty to update
The company assumes no obligation to update any information or
forward-looking statement contained herein, save for any information
required to be disclosed by law.
End of Corporate News
07.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Allianz SE
Königinstr. 28
80802 München
Germany
Phone: +49 (0)89 38 00 - 41 24
Fax: +49 (0)89 38 00 - 38 99
E-mail: [email protected]
Internet: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX-30, EURO STOXX 50
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX
209859 07.05.2013
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