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EQS-Adhoc: Talanx Aktiengesellschaft: Talanx raises profit forecast for financial year 2023 to significantly exceed EUR 1.5 bn


EQS-Ad-hoc: Talanx Aktiengesellschaft / Key word(s): Change in Forecast
Talanx Aktiengesellschaft: Talanx raises profit forecast for financial year 2023 to significantly exceed EUR 1.5 bn

23-Oct-2023 / 18:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


AD-HOC ANNOUNCEMENT

Publication of inside information pursuant to Article 17(1) of Regulation (EU) No 596/2014 on Market Abuse (Market Abuse Regulation - MAR)

Talanx raises profit forecast for financial year 2023 to significantly exceed EUR 1.5 bn

The Talanx Group expects to report a net income of more than EUR 1.25 billion for the first nine months of the current financial year 2023 due to a strong operating performance of particularly the primary insurance segments. On this basis, the Management Board of Talanx AG increases its profit forecast for the full financial year 2023. The Management Board now expects a consolidated net income for the full financial year 2023 that will significantly exceed EUR 1.5 billion.

This earnings target assumes that large losses will not exceed the large loss budget, that the capital markets do not experience any upheavals and that no material currency fluctuations arise.

Talanx AG will report final results for the first 9 months of the current financial year 2023 on 13 November 2023 as scheduled.

Contact:
Bernd Sablowsky
Head of Investor Relations
HDI-Platz 1
30659 Hannover
Tel: +49 511 3747 2793


End of Inside Information

23-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Talanx Aktiengesellschaft
HDI-Platz 1
30659 Hannover
Germany
Phone: +49 511 3747 2227
Fax: +49 511 3747 2286
E-mail: ir@talanx.com
Internet: www.talanx.com
ISIN: DE000TLX1005
WKN: TLX100
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1755367

 
End of Announcement EQS News Service

1755367  23-Oct-2023 CET/CEST

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Talanx AG Stock

€70.60
-0.140%
The price for the Talanx AG stock decreased slightly today. Compared to yesterday there is a change of -€0.100 (-0.140%).
Currently there is a rather positive sentiment for Talanx AG with 4 Buy predictions and 0 Sell predictions.
However, we have a potential of -3.68% for Talanx AG as the target price of 68 € is below the current price of 70.6 €.
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