Allianz: 2019 net profit rises to 7.9 bn, up 6.1%
Up 9.5% in the 4th quarter. Board proposes a dividend at €
21 February, 15:56The press release on the accounts reported. Operating profit grew to 11.9 bn, "the fifth consecutive increase". In the fourth quarter alone, net profit rose to 1.9 billion (up 9.5%). The board of directors proposed a dividend up to € 9.6 per share and announced a share buyback program of up to € 1.5 billion. Allianz expects an operating profit target of 12 bn euros in 2020 (up 4.3% compared with previous estimates).
(ANSA).