PZU says plans PLN 4.66 bln dividend after Q1 disappoints
WARSAW May 14 (Reuters) - Eastern Europe's largest insurer PZU booked a 9-percent fall in its first quarter net profit, due to a dip in the Polish group's written premiums, it said on Wednesday.
The state-controlled group showed a bottom line of 760 million zlotys ($249.18 million), below market estimates of 781 million zlotys.
PZU added that it planned to pay out a dividend from 2013 profit would amount to 4.66 billion zlotys or 54 zlotys per share. ($1 = 3.0501 Polish Zlotys) (Reporting by Marcin Goclowski; Editing by Adrian Krajewski)
- China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan |
- U.S. court rulings create new uncertainty over Obamacare
- Israel pounds Gaza despite international peace efforts |
- EU readies possible capital, tech sanctions on Russia
- Train carrying MH17 bodies on final journey reaches Ukraine city |