Operating profit rose 20 percent over the same period to approximately 2.8 billion euros from 2.3 billion euros. Net income attributable to shareholders reached around 1.7 billion euros in the first quarter of 2013 and was thus 24 percent over 1.4 billion euros for the previous year’s first quarter.
“The improvement in our results comes from all of our business segments, so it is broadbased. Thus, the start into this fiscal year can be described as truly successful,” said Michael Diekmann, CEO of Allianz SE. “We are well on our way toward achieving our operating profit outlook for the entire year. Despite the good results in the first quarter, in view of the existing market risks, the Board of Management sees no need for an adjustment of our outlook for fiscal year 2013.”
As announced, Allianz will publish full details for the first quarter on May 15, 2013.
As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer.