Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  WIENER BOERSE AG  >  VIENNA INSURANCE GROUP AG    VIGR   AT0000908504

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Vienna Insurance Gr. : Vienna Insurance Group Annual General Meeting 2012: Raise in dividend by 10 percent to EUR 1.10 per share

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/04/2012 | 02:47pm CEST
Vienna Insurance Group Annual General Meeting 2012: Raise in dividend by 10 percent to EUR 1.10 per share

On 4 May 2012 the 21st Annual General Meeting of Vienna Insurance Group AG Wiener Versicherung Gruppe was held at Stadthalle in Vienna. Due to an increase in the profit (before taxes) by 10.1 percent to about EUR 560 million and a growth in premiums by 3.4 percent to about EUR 9 billion, the best result in Group's history has been achieved. The double-digit profit increase in the core markets Austria, Poland, Slovakia and the Czech Republic has been remarkable.

In view of the excellent result, the Annual General Meeting approved the motion of the Managing Board to raise the dividend by 10 percent and to pay EUR 1.10 per share. The dividend payment date and the ex-dividend date is 14 May 2012.

Ms. Gertrude Tumpel-Gugerell, who has been a member of the Executive Board of the European Central Bank until 2011 and is currently active as emerita consultant for the Austrian Institute of Economic Research (WIFO), has been elected into the Supervisory Board. As a renowned financial and economic expert, Ms. Tumpel-Gugerell looks back on a longstanding experience in various executive bodies and has a profound knowledge of European economic policy and financial market stability.

The Supervisory Board of Vienna Insurance Group AG Wiener Versicherung Gruppe is composed as follows:

Wolfgang Ruttenstorfer, Chairman
Karl Skyba, Deputy Chairman
Bernhard Backovsky
Martina Dobringer
Alois Hochegger
Heinz Öhler
Reinhard Ortner
Martin Roman
Gertrude Tumpel-Gugerell
Friedrich Stara

The resolutions of the Annual General Meeting were adopted by the shareholders with a large majority of votes. More detailed information is available for download on the Internet: http://www.vig.com/annual-general-meeting

The statement of General Manager Günter Geyer on the consolidated financial statements for 2011 presented at today's Annual General Meeting were recorded and will be available on the Internet as from approx. 5 p.m.: http://webcast.a1.net/vig_hv_2012/event_165/en/?status=4

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VIENNA INSURANCE GROUP AG
08/17 VIENNA INSURANCE : Compensa Vienna Insurance Group to sell truck insurance busin..
08/17VIENNA INSURANCE GROUP AG : half-yearly earnings release
08/01 VIENNA INSURANCE : Latvia's BTA to take over InterRisk Vienna Insurance Group
06/26 VIENNA INSURANCE : New Chief Financial Officer for the Vienna Insurance Group 20..
06/23 VIENNA INSURANCE : to focus on Poland as centre of innovation
06/02 VIENNA INSURANCE : Vig-elisabeth stadler was awarded the title 'kommerzialratin'
05/30 VIENNA INSURANCE : Change at the Managing Board of Vienna Insurance Group
05/27 VIENNA INSURANCE : Latvia's InterRisk Vienna Insurance Group posts loss of EUR 4..
05/23 VIENNA INSURANCE GROUP IN THE 1ST QU : Improvement in all key performance indica..
05/18VIENNA INSURANCE GROUP AG : quaterly earnings release
More news
News from SeekingAlpha
06/07 VIENNA INSURANCE GROUP'S Q1 2017 RES : The Compass Points East
04/10 FOCUS ON EUROPE : Will An Akorn - Fresenius Deal Pass Anti-Trust Scrutiny?
01/19 Vienna Insurance (VNRFY) Investor Presentation - Slideshow
01/03 TOPDANMARK : A Top Insurer?
2016 VIENNA'S Q3 2016 RESULTS : On The Road To Higher Profitability?
Financials (€)
Sales 2017 9 038 M
EBIT 2017 483 M
Net income 2017 288 M
Debt 2017 -
Yield 2017 3,25%
P/E ratio 2017 11,54
P/E ratio 2018 11,20
Capi. / Sales 2017 0,35x
Capi. / Sales 2018 0,34x
Capitalization 3 193 M
Chart VIENNA INSURANCE GROUP AG
Duration : Period :
VIENNA INSURANCE GROUP AG Technical Analysis Chart | VIGR | AT0000908504 | 4-Traders
Technical analysis trends VIENNA INSURANCE GROUP AG
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 23,4 €
Spread / Average Target -6,3%
EPS Revisions
Managers
NameTitle
Elisabeth Stadler Chairman-Managing Board
Günter Geyer Chairman-Supervisory Board
Martin Simhandl Chief Financial Officer
Ryszard Dyszkiewicz Head-Group Information Technology & Back Office
Bernhard Backovsky Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VIENNA INSURANCE GROUP AG17.16%3 747
ALLIANZ16.31%96 699
CHUBB LTD10.47%67 927
AMERICAN INTERNATIONAL GROUP-5.57%55 713
ZURICH INSURANCE GROUP5.63%45 994
MARSH & MCLENNAN COMPANIES, INC.15.62%39 572