8/5/2022, 7:04 AM (Source: TeleTrader)
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Chart for: ALLIANZ SE NA O.N.

Allianz revenues rise 8.2% to €37.1B in Q2

Allianz SE revenues climbed by 8.2% to €37.1 billion, as its net income attributable to shareholders went down by 23.3% to €1.7 billion, the company's financial report revealed on Friday.

Operating profit went up by 5.3% on an annual basis to €3.5 billion, while its diluted earnings per share plunged 26.3% to €3.85.

"Our numbers highlight the strength and endurance of Allianz," company CEO Giulio Terzariol stated. "In a quarter marked by heightened inflation and market volatility, we achieved a very strong operating profit in the second quarter, which emphasizes our ability to successfully navigate rapidly-evolving situations."

Baha Breaking News (BBN) / NL