30.04.2020 Allianz SE  DE0008404005

DGAP-Adhoc: Allianz SE: Allianz withdraws profit target


 

DGAP-Ad-hoc: Allianz SE / Key word(s): Change in Forecast
Allianz SE: Allianz withdraws profit target

30-Apr-2020 / 19:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



On the basis of the preliminary results for the first quarter 2020 Allianz Group expects an operating profit for Q1 of EUR 2.3 bn (Q1 2019: 3.0 bn) and a shareholder's net income for Q1 of EUR 1.4 bn (Q1 2019: 2.0 bn). In light of the uncertainties for the macroeconomic development caused by the current pandemic and the now available updated financial plans of the operating entities of the Group, from today's perspective the Board of Management does not assume that Allianz Group can achieve the target range for the operating profit for 2020 in the amount of EUR 12 bn +/- EUR 500 mio. A new profit target for 2020 will be announced by the Board of Management upon completion of the revised planning."

Explanations of the alternative financial ratios used (Alternative Performance Measures (APM)) can be found on the website of Allianz SE (available at https://www.allianz.com/content/dam/onemarketing/azcom/Allianz_com/investor-relations/en/results-reports/annual-report/ar-2019/en-alternative-performance-measures-2019.pdf)


Person making the notification: Michael Sieburg, Compliance Officer, Allianz SE


These assessments are, as always, subject to the disclaimer provided below.
 

Information and Explanation of the Issuer to this News:



Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting 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, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update
The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.
 

30-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Allianz SE
Königinstr. 28
80802 München
Germany
Phone: +49 (0)89 38 00 - 7555
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: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1034645

 
End of Announcement DGAP News Service

1034645  30-Apr-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 126.149,00 130.557,00 142.369,00 140.455,00 148.511,00 152.671,00 161.700,00
EBITDA1,2 11.097,00 11.512,00 11.855,00 10.751,00 13.400,00 16.737,00 17.018,00
EBITDA-Marge3 8,80 8,82 8,33 7,65 9,02 10,96
EBIT1,4 11.097,00 11.512,00 11.855,00 10.751,00 13.400,00 14.164,00 14.746,00
EBIT-Marge5 8,80 8,82 8,33 7,65 9,02 9,28 9,12
Jahresüberschuss1 7.207,00 7.703,00 8.302,00 7.133,00 7.105,00 7.182,00 9.032,00
Netto-Marge6 5,71 5,90 5,83 5,08 4,78 4,70 5,59
Cashflow1,7 33.188,00 25.672,00 36.448,00 32.049,00 25.124,00 17.952,00 24.462,00
Ergebnis je Aktie8 15,23 17,30 18,83 16,32 15,83 16,26 21,18
Dividende8 8,00 9,00 9,60 9,60 10,80 11,40 7,60
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Allianz
WKN Kurs in € Einschätzung Börsenwert in Mio. €
840400 262,000 Kaufen 102.630,37
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,31 11,65 0,88 15,09
KBV KCV KUV EV/EBITDA
1,93 4,20 0,63 6,03
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
11,40 13,80 5,27 08.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 08.08.2024 13.11.2024 07.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,80% 10,92% 8,29% 18,15%
    
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Versicherungen , 840400 , ALV , XETR:ALV