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BRIEF-Uniqa says sale of Italian unit to weigh on net profit
December 2, 2016 / 9:41 AM / a year ago

BRIEF-Uniqa says sale of Italian unit to weigh on net profit

Dec 2 (Reuters) - Uniqa Insurance Group Ag

* Uniqa still expects earnings before taxes for fiscal year 2016 to be up to 50 percent lower than very good earnings for 2015 due to deduction of Italian contribution

* Company is also keeping to its intention to continuously increase dividends per share

* Sale will result in a negative effect on consolidated net profit of around eur 100 million in 2016 Source text for Eikon: Further company coverage:

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