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Generali, record profit and double dividend: stock ok on the Stock Exchange

The Generali group closed 2013 with a net profit of 1,915 billion euros against 94 million in 2012 – The dividend proposed by the board of directors is equal to 0,45 euros per share, more than doubled compared to 0,20 euros in 2012.

Generali, record profit and double dividend: stock ok on the Stock Exchange

The Generali group closed 2013 with a net profit of 1,915 billion euros against 94 million in 2012. This is - underlines a note - the best result achieved by the group in the "last six years and is entirely obtained thanks to the ”.

The group also specifies that "taking into account the proceeds from the disposals and the revaluation of the stake in Bankitalia, absorbed by the extraordinary negative impacts due to Telco (-189 million), Bsi (-217 million) and other assets, the overall impact of these one-off is basically neutral”. The operating result grew by 5,3% to 4,2 billion. The dividend proposed by the board of directors is equal to 0,45 euro per share, more than doubled compared to 0,20 euro in 2012.

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