EQS-Adhoc: UNIQA Insurance Group AG: Preliminary earnings before taxes for financial year 2022 of EUR 420 to EUR 425 million better than expected

EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Preliminary Results
UNIQA Insurance Group AG: Preliminary earnings before taxes for financial
year 2022 of EUR 420 to EUR 425 million better than expected

16-Feb-2023 / 09:33 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.

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Disclosure of inside information pursuant to Art 17 MAR

UNIQA Insurance Group AG

Preliminary earnings before taxes for financial year 2022 of EUR 420 to
EUR 425 million better than expected

Vienna, this 16 February 2023

On basis of preliminary results from preparing the consolidated financial
statements of UNIQA Insurance Group AG („UNIQA“) as at 31 December 2022
UNIQA expects significantly improved consolidated earnings before taxes
for the financial year 2022 in the range of EUR 420 million to
EUR 425 million (2021: EUR 382.3 million; analyst consensus approx.
EUR 364 million).

Those preliminary earnings before taxes show UNIQA’s further improved core
business. Although UNIQA is aiming at continuously improving the
performance in its core business in the financial year 2023, the current
financial year 2023 will, due to the expected unstable overall
macroeconomic development, be influenced by significant uncertainties – as
this was already the case for the financial year 2022 –, among others
volatile capital markets, significant sensitivities as to interest rates
impacting its investments, uncertainties on the development of inflation
and a tendency of increasing losses resulting from natural catastrophes.
For this reason and as in the past, no outlook on the results for the
financial year 2023 is provided.

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16-Feb-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: UNIQA Insurance Group AG
Untere Donaustraße 21
1029 Vienna
Austria
Phone: +43 1 211 75-0
E-mail: investor.relations@uniqa.at
Internet: www.uniqagroup.com
ISIN: AT0000821103
WKN: 928900
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1561163

 
End of Announcement EQS News Service

1561163  16-Feb-2023 CET/CEST