VIG: Stable Results Ahead

Businessn.a. ♦ Published: August 20, 2012; 18:13 ♦ (Vindobona)

Next Wednesday, Vienna Insurance Group publishes its half-year results. Analysts predict a slight growth in premium income.

VIG: Stable Results Ahead / Picture: © Vienna Insurance Group / Robert Newald

Analysts of RCB, Erste Group and Kepler Capital Markets forecast stable earnings and a slight increase in VIG´s premium income. In the first six months of 2012, the average premiums written are expected to reach € 4.95bn. Premiums earned should grow by 1.0% to € 4.31bn.

According to the analysts, the pre-tax profit should grow by 4.0% to € 294.8m. Net results should…