Generali : 2021 targets confirmed and solid balance sheet
>Confirmation of EPS growth target - Generali held an Investors Day yesterday and confirmed the financial targets of its three-year strategic plan (2019-2021), with: an average annual growth target for its adjusted EPS of between 6% and 8% p.a., a cumulative dividend amount for 2019-2021e also confirmed in the € 4.5-5.0bn range, an RoE of over 11.5% in 2019 and in 2021 (but not this year due to the crisis and non-recurring elements). The confirmation of its EPS growth...Assicurazioni Generali is the parent company for The Generali Group (the Group), an insurance and financial services provider. The commercial offer is composed of savings and pure risks policies, which constitute the majority of the portfolio, which includes protection and pension funds. In the non-life sector the Group is focused primarily on the retail market. In addition, through the Europ Assistance Group, Co. is engaged in services in motor, travel, health, home and family. The Group has also expanded its business from insurance to a range of asset management, property and financial services.
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