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Colombia's Grupo SURA sees 2024 adjusted ROE at 9-10%

Reuters

March 1 (Reuters) - Grupo SURA, one of Colombia's largest investment companies, expects its return on equity (ROE) to reach between 9-10% in 2024, a company presentation showed on Friday.

The company on Thursday published its fourth-quarter 2023 financial results, which saw its net profit down 41% year-on-year after it divested its stake in food processing firm Nutresa and sold operations in Argentina and El Salvador. (Reporting by Valentine Hilaire and Aida Pelaez Fernandez; Editing by Brendan O'Boyle)