Vienna Insurance Group First Half 2024 Earnings: EPS: €2.75 (vs €2.68 in 1H 2023)

Vienna Insurance Group (VIE:VIG) First Half 2024 Results

Key Financial Results

• Revenue: €6.04b (up 7.5% from 1H 2023).
• Net income: €351.7m (up 2.4% from 1H 2023).
• Profit margin: 5.8% (down from 6.1% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: €2.75 (up from €2.68 in 1H 2023).

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

Vienna Insurance Group Earnings Insights

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Insurance industry in Europe.

Performance of the market in Austria.

The company's shares are up 1.3% from a week ago.

Risk Analysis

Be aware that Vienna Insurance Group is showing 1 warning sign in our investment analysis that you should know about...

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