Friday, August 6, 2021

Allianz Q2 Results Climb, Sees FY21 Profit In Upper Half Of View Range; Stock Up

Shares of Allianz SE were gaining around 3 percent in German trading after the insurance and asset management company Friday reported higher second-quarter results and said it now sees fiscal 2021 profit at top end of forecast range. For fiscal 2021, the company now expects operating profit to be in the upper half of the target range of 12 billion euros, plus or minus 1 billion euros.

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