Uniqa: Profits Up by 20%

Published: May 25, 2012; 11:05 · (Vindobona)

Profit on ordinary activities increased by 20.2% to € 54.4m. Group profit up 13.8% to € 30.4m. The PIIGS exposure reduced by 43% to € 1,166m compared with 31 December 2011.

Uniqa: Profits Up by 20% / Picture: © Uniqa

The UNIQA Group increased profit on ordinary activities in the first quarter of 2012 by 20.2% to € 54.4m (Q1 2011: € 45.2m). Group profit (after taxes and minority interests), at € 30.4m, exceeded the previous year by 13.8% (Q1 2011: € 26.7m).

UNIQA CEO Andreas Brandstetter commented: "We have had a good start to 2012. We are on plan.…

This article includes a total of 1355 words.

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