March 10, 2020 / 2:38 PM / a month ago

EARNINGS POLL-Poland's PZU Q4 net profit seen up 12% year on year

    * PZU Q4 results due March 12 before market open
    * PZU Q4 net profit seen at 875 mln zlotys

    March 10 (Reuters) - Polish insurer PZU SA is
expected to report a 12% rise in fourth-quarter net profit,
supported by higher gross written premiums and investment
income, analysts say.
    State-run PZU is expected to report a net profit of 875
million zlotys ($230 million) in the fourth quarter, a survey of
six banks and brokerages showed.
    This would put net profit for the whole of 2019 at 3.2
billion zlotys.
    
    The following table summarises market forecasts for PZU:
(Figures in millions of zlotys unless stated otherwise)
    
FOURTH QUARTER OF 2019
             Net profit     Gross written
                            premium
 Median                861           6302
 Average               875           6292
 Lowest                850           6167
 Highest               929           6466
 Nr of                   6              6
 f'casts                    
 Previous              781           6212
 y/y                        
 Previous              879           5662
 q/q                        
 Forecasts provided by Citigroup, Haitong IB, Ipopema Securities,
Trigon DM, DM PKO BP, DM mBank.
($1 = 3.8087 zlotys)

 (Reporting by Alicja Ptak; Editing by Mark Potter)
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below