EQS-Adhoc: Hannover Rück SE: Hannover Re to achieve full-year profit target; operating result 2023 impacted by reserve increase above planned level
EQS-Ad-hoc: Hannover Rück SE / Key word(s): Annual Results/Preliminary Results
Hannover Rück SE: Hannover Re to achieve full-year profit target; operating result 2023 impacted by reserve increase above planned level
06-Feb-2024 / 18:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Based on preliminary, unaudited financial figures, Hannover Re reached an operating result (EBIT) of EUR 1.97 billion (consensus: EUR 2.40 billion) in the financial year 2023.
An increase in reserves in Property & Casualty reinsurance had a significant impact on EBIT, particularly in the fourth quarter, which led to a much greater increase in the confidence level of reserves than originally planned. According to initial estimates, the resiliency reserve at the end of the 2023 financial year will be significantly higher than the targeted EUR 1.7 billion (2022: EUR 1.38 billion).
Accordingly, the operating result for Property & Casualty reinsurance reached EUR 1.10 billion (forecast: at least EUR 1.6 billion). The underlying profitability, however, developed very favourably due to the attractive market environment and was fully in line with expectations. Life & Health reinsurance contributed EUR 0.87 billion (forecast: at least EUR 0.75 billion) to the operating result.
Group net income increased to EUR 1.8 billion and Hannover Re thus achieved its annual profit target of at least EUR 1.7 billion (consensus: EUR 1.8 billion). In particular a one-off tax effect had a positive impact, reducing the Group tax rate to 1.4% in 2023 (previous year: 22.7%).
Hannover Re will publish the annual report for the 2023 financial year as announced on 18 March 2024.
End of Inside Information
06-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
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Language: |
English |
Company: |
Hannover Rück SE |
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Karl-Wiechert-Allee 50 |
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30625 Hannover |
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Germany |
Phone: |
+49-(0)511-5604-1500 |
Fax: |
+49-(0)511-5604-1648 |
Internet: |
www.hannover-re.com |
ISIN: |
DE0008402215 |
WKN: |
840 221 |
Indices: |
DAX |
Listed: |
Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: |
1831723 |
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End of Announcement |
EQS News Service |
1831723 06-Feb-2024 CET/CEST
Die wichtigsten Finanzdaten auf einen Blick
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|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
Umsatzerlöse1 |
17.790,51 |
19.176,36 |
22.597,64 |
24.770,34 |
27.762,31 |
33.275,53 |
24.456,50 |
EBITDA1,2 |
1.435,30 |
1.691,71 |
1.933,83 |
1.379,18 |
1.885,49 |
2.281,58 |
2.127,00 |
EBITDA-Marge3 |
8,07 |
8,82 |
8,56 |
5,57 |
6,79 |
6,86 |
|
EBIT1,4 |
1.364,36 |
1.596,65 |
1.853,18 |
1.214,08 |
1.734,83 |
2.087,45 |
1.971,20 |
EBIT-Marge5 |
7,67 |
8,33 |
8,20 |
4,90 |
6,25 |
6,27 |
8,06 |
Jahresüberschuss1 |
1.044,58 |
1.145,53 |
1.373,37 |
883,07 |
1.300,22 |
1.542,74 |
1.827,60 |
Netto-Marge6 |
5,87 |
5,97 |
6,08 |
3,57 |
4,68 |
4,64 |
7,47 |
Cashflow1,7 |
1.693,85 |
2.224,57 |
2.509,21 |
3.231,03 |
4.940,46 |
5.164,36 |
5.785,50 |
Ergebnis je Aktie8 |
7,95 |
8,70 |
10,65 |
7,32 |
10,21 |
11,66 |
15,13 |
Dividende8 |
5,00 |
5,25 |
5,50 |
4,50 |
5,75 |
6,00 |
5,00 |
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
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INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Hannover Rück |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
840221 |
238,600 |
Kaufen |
28.774,48 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
12,93 |
14,23 |
0,91 |
21,95 |
KBV |
KCV |
KUV |
EV/EBITDA |
3,11 |
4,97 |
1,18 |
13,53 |
Dividende '22 in € |
Dividende '23 in € |
Div.-Rendite '23 in % |
Hauptversammlung |
6,00 |
7,20 |
3,02 |
07.05.2025 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
13.05.2025 |
12.08.2024 |
11.11.2024 |
13.03.2025 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
-5,07% |
0,02% |
10,31% |
18,35% |
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