EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re posts quarterly result of €0.9bn
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EQS-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Quarter Results/Forecast Operational performance remained pleasing in Q3 2024 across all lines of business. Munich Re has generated a preliminary net result of about €0.9bn (consensus: €1,419m*), which was impacted by higher-than-average major-loss expenditure from natural catastrophes in property-casualty reinsurance. Hurricane Helene, which caused severe damage in the southeastern United States and approximately €0.5bn in losses, amounted to Munich Re’s largest single claims event in Q3. Three loss events in Canada together resulted in similar claims expenditure. In addition to numerous other natural catastrophes and man-made losses, significant damage occurred in Central and Eastern Europe due to Storm Boris and consequent flooding, as well as in the United States and the Caribbean owing to Hurricane Beryl. Although claims expenditure attributable to Hurricane Milton will likely be significant, Munich Re now expects – buoyed by the very good net result of €4.7bn after the first nine months of 2024 – to surpass its full-year profit target of €5bn. Munich Re will provide finalised Q3 results on 7 November as scheduled.
* Mean value derived from the estimates of ten financial analysts.
Contact: Dr. Stefan Gehring General Counsel & Group Compliance Officer End of Inside Information
22-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München |
| Königinstraße 107 | |
| 80802 München | |
| Germany | |
| Phone: | +49(0) 89 3891-0 |
| Fax: | +49(0) 89 399 056 |
| E-mail: | shareholder@munichre.com |
| Internet: | www.munichre.com |
| ISIN: | DE0008430026, DE0008430026 |
| WKN: | 843002, 843002 |
| Indices: | DAX, EURO STOXX 50 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Mailand |
| EQS News ID: | 2013579 |
| End of Announcement | EQS News Service |
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2013579 22-Oct-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 49.064,00 | 51.457,00 | 54.890,00 | 59.567,00 | 67.133,00 | 57.884,00 | 59.000,00 | |
| EBITDA1,2 | 3.725,00 | 4.004,00 | 1.986,00 | 3.517,00 | 4.087,00 | 6.019,00 | 0,00 | |
| EBITDA-Margin3 | 7,59 | 7,78 | 3,62 | 5,90 | 6,09 | 10,40 | 0,00 | |
| EBIT1,4 | 3.725,00 | 4.004,00 | 1.986,00 | 3.517,00 | 3.582,00 | 5.702,00 | 0,00 | |
| EBIT-Margin5 | 7,59 | 7,78 | 3,62 | 5,90 | 5,34 | 9,85 | 0,00 | |
| Net Profit (Loss)1 | 2.275,00 | 2.707,00 | 1.211,00 | 2.932,00 | 3.419,00 | 4.597,00 | 5.000,00 | |
| Net-Margin6 | 4,64 | 5,26 | 2,21 | 4,92 | 5,09 | 7,94 | 8,48 | |
| Cashflow1,7 | 2.998,00 | 9.493,00 | 7.219,00 | 5.226,00 | -7.644,00 | 2.543,00 | 0,00 | |
| Earnings per share8 | 15,53 | 18,97 | 8,63 | 20,93 | 24,63 | 33,88 | 36,60 | |
| Dividend per share8 | 9,25 | 9,80 | 9,80 | 11,00 | 11,60 | 15,00 | 15,50 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Ernst & Young
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
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| Münchener Rück | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 843002 | DE0008430026 | AG | 67.415,27 Mio € | 20.01.1948 | Halten | 8FWH5H4Q+G5 |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 11,23 | 13,85 | 0,81 | 22,28 | 2,44 | 26,51 | 1,16 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 11,60 | 15,00 | 15,50 | 3,14% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 30.04.2025 | 13.05.2025 | 08.08.2025 | 07.11.2024 | 14.03.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +1,24% | +6,47% | +31,70% | +29,32% | +0,00% |
Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.
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