Allianz posts better-than-expected Q2 profit and confirms target
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FILE PHOTO: The logo of Allianz SE is displayed on the company building in Puteaux at the financial and business district of La Defense near Paris, France, March 13, 2024. REUTERS/Gonzalo Fuentes/ File Photo
FRANKFURT (Reuters) -Germany's Allianz on Thursday posted a better-than-expected 13% rise in second-quarter net profit and confirmed its target for the full year.
Net profit attributable to shareholders of 2.841 billion euros ($3.32 billion) in the three months through June compares with profit of 2.513 billion euros a year earlier.
The figure surpassed a 2.756 billion euro consensus forecast.
($1 = 0.8566 euros)
(Reporting by Tom Sims and Alexander Huebner, Editing by Miranda Murray)
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