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Hanover - Hanover Delayed Price. Currency in EUR
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18.23+0.36 (+2.04%)
At close: 08:01AM CEST
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Previous Close17.86
Bid17.94 x 0
Ask18.03 x 0
Day's Range18.23 - 18.23
52 Week Range16.20 - 21.12
Avg. Volume0
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    Generali beats profit forecast despite Russia impact

    MILAN (Reuters) -Assicurazioni Generali beat expectations in the first quarter even as impairments on Russia drove net profit lower, a boost for CEO Philippe Donnet who last month won a shareholder battle to keep his job for another three years. Italy's biggest insurer said on Thursday net profit fell 9.3% from a year earlier to 727 million euros ($762 million), well above an analyst consensus provided by the insurer of 651 million euros. "With revenues, margins, earnings and capital all comfortably ahead of consensus, alongside management's reiteration of their plan targets, Generali is performing exceptionally well and appears unaffected by the board level disputes," said Jefferies analysts, who have a "Hold" rating on the stock.

  • Reuters

    Mediobanca's stake in Generali drops back to just under 13% after AGM win

    Mediobanca's stake in Generali is down to just under 13% after the investment bank returned shares it had borrowed to have a greater say at a shareholder meeting of the insurer last month, a regulatory filing showed on Wednesday. The bank had borrowed shares in Italy's biggest insurer to reach a 17.2% voting stake at the annual general meeting (AGM) where Mediobanca-backed CEO Philippe Donnet was elected for a third term, surviving a challenge from rebel domestic investors who were calling for a change at Generali. The vote followed months of bitter infighting at the heart of Europe's third-largest insurer with investor Francesco Gaetano Caltagirone, backed by his fellow billionaire Leonardo Del Vecchio, pushing to appoint new top executives to pursue their own plan for faster growth and more acquisitions.

  • Reuters

    Generali board names Donnet as CEO without backing from rebel list's directors-sources

    The board of Generali on Monday reappointed Philippe Donnet as chief executive with 10 votes in favour out of 13, two sources said, after a group of rebel Italian investors seeking to oust him lost out in a shareholder vote last week. The two sources with knowledge of the matter said Francesco Gaetano Caltagirone, who led the opposition to Donnet and is Generali's No.2 investor with a 9.95% stake, voted against his reappointment. Generali declined to comment.