Unipol Assicurazioni Full Year 2024 Earnings: Misses Expectations

Simply Wall St

March 31, 2025

Unipol Assicurazioni (BIT:UNI) Full Year 2024 Results

Key Financial Results

Revenue: €11.0b (down 4.0% from FY 2023).
Net income: €1.05b (down 4.7% from FY 2023).
Profit margin: 9.5% (in line with FY 2023).
EPS: €1.47 (down from €1.54 in FY 2023).

The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.

revenue-and-expenses-breakdown — BIT:UNI Revenue and Expenses Breakdown March 31st 2025

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

Unipol Assicurazioni Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) also missed analyst estimates by 2.8%.

The primary driver behind last 12 months revenue was the Insurance - Non-Life Business segment contributing a total revenue of €9.83b (89% of total revenue). Notably, cost of sales worth €9.19b amounted to 83% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling €1.25b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how UNI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Insurance industry in Italy.

Performance of the Italian Insurance industry.

The company's shares are down 4.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Unipol Assicurazioni has 2 warning signs we think you should be aware of.

If you're looking to trade Unipol Assicurazioni, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.