30.03.2016
Wüstenrot & Württembergische AG DE0008051004
DGAP-News: Wüstenrot & Württembergische AG: Record profit confirmed for 2015
DGAP-News: Wüstenrot & Württembergische AG / Key word(s): Final Results
Wüstenrot & Württembergische AG: Record profit confirmed for 2015
30.03.2016 / 11:44
The issuer is solely responsible for the content of this announcement.
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In 2015, the Wüstenrot & Württembergische Group (W&W) posted the highest
profit in the company's history, according to final figures, which came in
at EUR 274,3 million (previous year: EUR 242,0 million). This confirms the
interim figures presented in mid-February.
The strongest profit driver in 2015 was property and casualty insurance,
with favourable claims development over the whole year. Cost development
was likewise positive. As already announced, W&W is targeting consolidated
net profit of at least EUR 220 million for 2016, depending on the
development of interest rates and the capital markets. With respect to its
greater presence on the exchanges, Deutsche Börse AG began listing W&W AG
on the SDAX on 21 March.
Dr Alexander Erdland, Chairman of the Executive Board of W&W: "Wüstenrot &
Württembergische concluded a very strong year in 2015. Against this
background, we are particularly pleased that we were able to make the
capital markets more familiar with our equity story. The upgrade to an SDAX
company shows that more and more investors are acknowledging the business
model, strategy and key figures of W&W AG."
Note for editors: You can find the 2015 annual financial report at
www.ww-ag.com/publikationen.
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30.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Wüstenrot & Württembergische AG
Gutenbergstrasse 30
70176 Stuttgart
Germany
Internet: www.ww-ag.com
ISIN: DE0008051004
WKN: 805100
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf
End of News DGAP News Service
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449693 30.03.2016
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