Stock Analysis

UNIQA Insurance Group Full Year 2023 Earnings: EPS: €1.05 (vs €0.83 in FY 2022)

UNIQA Insurance Group (VIE:UQA) Full Year 2023 Results

Key Financial Results

Revenue: €6.49b (up 17% from FY 2022).
Net income: €322.0m (up 26% from FY 2022).
Profit margin: 5.0% (up from 4.6% in FY 2022). The increase in margin was driven by higher revenue.
EPS: €1.05 (up from €0.83 in FY 2022).

UQA Profitability Indicators

Combined ratio: 89.4% (down from 91.7% in FY 2022).

revenue-and-expenses-breakdown — WBAG:UQA Revenue and Expenses Breakdown April 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the UNIQA Austria Segments - P&C segment contributing a total revenue of €2.24b (35% of total revenue). Notably, cost of sales worth €5.29b amounted to 81% of total revenue thereby underscoring the impact on earnings.Explore how UQA's revenue and expenses shape its earnings.

UNIQA Insurance Group's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with UNIQA Insurance Group, and understanding it should be part of your investment process.

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