EQS-Adhoc: Talanx Aktiengesellschaft: Talanx achieves quarterly result of EUR 572 million


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EQS-Ad-hoc: Talanx Aktiengesellschaft / Key word(s): Quarter Results/Forecast
Talanx Aktiengesellschaft: Talanx achieves quarterly result of EUR 572 million

25-Apr-2024 / 17:59 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.
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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 millionwith 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

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.
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Language: English
Company: Talanx Aktiengesellschaft
HDI-Platz 1
30659 Hannover
Phone: +49 511 3747 2227
Fax: +49 511 3747 2286
E-mail: ir@talanx.com
Internet: www.talanx.com
ISIN: DE000TLX1005
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

1889637  25-Apr-2024 CET/CEST

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