February 6, 2020 / 8:07 PM / 15 days ago

BRIEF-Cattolica Assicurazioni Reports Early Indications On FY 2019 Results And FY 2020 Guidance

Feb 6 (Reuters) - Societa Cattolica di Assicurazione Sc :

* SEES FY 2020 OPERATING RESULT ENVISAGED BETWEEN EUR 350 MILLION AND EUR 375 MILLION

* 2019 OPERATING RESULT SHOULD SETTLE AT AROUND EUR 300 MILLION, MARGINALLY HIGHER THAN PREVIOUS YEAR EUR 292 MILLION

* FY 2019 TOTAL DIRECT PREMIUMS SHOULD REACH EUR 6.9 BILLION, UP 20%

* 2019 GROUP’S NET PROFIT IS EXPECTED TO DECREASE COMPARED TO PREVIOUS YEAR. Source text for Eikon: Further company coverage:

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