For 2021, an operating profit of 12.0 billion euros is expected, plus or minus 1 billion euros.
Outlook 2021
Operating profit (EUR bn)
Source: Analyst presentation on the results 2020, chart B 39 (released on 02/19/2021)
As always, natural catastrophes and adverse developments in the capital markets, as well as factors stated in our cautionary note regarding forward-looking statements, may severely affect the results of our operations.