Stock Analysis

Vienna Insurance Group Full Year 2022 Earnings: EPS Beats Expectations

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Vienna Insurance Group (VIE:VIG) Full Year 2022 Results

Key Financial Results

  • Revenue: €11.9b (up 12% from FY 2021).
  • Net income: €465.9m (up 24% from FY 2021).
  • Profit margin: 3.9% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue.
  • EPS: €3.60 (up from €2.94 in FY 2021).
WBAG:VIG Earnings and Revenue Growth March 18th 2023

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

Vienna Insurance Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 19%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Insurance industry in Europe.

Performance of the market in Austria.

The company's shares are down 7.8% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Vienna Insurance Group that we have uncovered.

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