- Net result at top end of the guidance
- Double digit growth drives inflows to
EUR 40 billion thanks to solid commercial performance across regions and businesses - Full delivery on all financial targets at the end of the Connect21 strategic cycle
- Gross cash dividend proposal of
EUR 2.75 per share
Net Result |
|
Inflows |
|
Balance Sheet |
|
Full delivery on the Connect21 financial targets | ||
Target | Performance | |
Combined Ratio | 96% | 95.4% |
Operating Margin Guaranteed | 85-95 bps | 99 bps |
Operating Margin Unit-Linked | 30-40 bps | 35 bps |
Group Solvency IIageas ratio | 175% | 197% |
Earnings per share (CAGR), excl RPN(i) | 5-7% | 11% |
Dividend Pay-out | ≥50% | 52% |
A complete overview of the figures and comparison with previous year can be found on page 4 of this press release and on the
Key figures and main highlights on the segments can be found in the Annexes of this press release.
“With these outstanding results, we closed Connect21, one of Ageas’s most challenging strategic cycles ever. Regardless of the pressure on business, the uncertain times in people’s lives and society in rapid transformation, we managed to not only deliver on our targets but also on the promises towards all our stakeholders. Throughout Connect21 we demonstrated that we are a true supporter of the life of our stakeholders by providing best in class assistance and protection for our customers, creating a great place to grow for our employees, fostering long term relationships with our partners and creating value for our investors. We can also be proud of our contribution to a better and more sustainable society, a focus that will be at the centre of our business in Impact24, Ageas’s next strategic cycle. This result does not come easy. It is the work of many; our employees, our partners, and our customers. I would like to sincerely thank all of them for their continuous trust, loyalty and commitment.”
Attachment
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