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Allianz posts 24 pct jump in Q3 net profit and confirms 2018 outlook


Reuters


FRANKFURT, Nov 9 (Reuters) - German insurer Allianz said on Friday that net profit rose 24 percent in the third quarter from a year earlier and confirmed it was on track to meet its 2018 profit target.

Net profit attributable to shareholders of 1.936 billion euros ($2.20 billion) is above the expectations of the 1.877 billion euro profit forecast by analysts in a Reuters poll and up from 1.566 billion euros a year ago.

($1 = 0.8813 euros)




This article appears in: Politics , Fundamental Analysis , World Markets , Stocks , Economy , Earnings



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