Talanx AG : We expect Q2 18 results in line with consensus; more granularity needed on planned profitability improvement in Industrial Lines segment
>We forecast Q2 18e net income of € 228m, implying an ROE of 10.5% - Talanx is due to release its Q2 2018 results on 13 July. We look for the company to report Q2 2018 net attributable income of € 228m, up 1.2% yoy and in line with the consensus of € 228m. Our annualized ROE estimate stands at 10.5% for Q2 2018. We see Talanx on track to reach our full-year 2018 estimates.Industrial Lines segment with need to improve profitability - For the Industrial...Talanx is a financial and management holding company. Co. is internationally active in primary insurance and reinsurance and in both property/casualty and life business. In the more than 100 years of Co.'s history, Co. has evolved from a single-line liability insurer for industry into a global insurance group with a focus on the industrial and retail lines and reinsurance business. Through its subsidiaries, Co. is engaged in five business segments: Life/Health Reinsurance; Non-Life Reinsurance; Retail Germany; Industrial Lines; and Retail International.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.