Generali Deutschland AG
AMB Generali Holding AG: AMB Generali increases profit target to at least € 400 m
AMB Generali Holding AG / Forecast Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- AMB Generali increases profit target to at least € 400 m In the first six months of 2007 the AMB Generali Group reached a Group net profit of € 224 m after tax. In this context, the AMB Generali Group benefited in particular from a high net investment income and from the positive development of the cost situation which more than compensated the claims expenditure caused by the 'Kyrill' storm. These impacts on results will not continue at the same level in the second half of the year, but nevertheless AMB Generali increases its profit target from at least € 380 m to at least € 400 m. This forecast does not take into account the expected € 80 m rise in profits to be expected already in 2007 under the Corporate Tax Reform as a result of the adjustment of deferred tax in the balance sheet. DGAP 02.08.2007 ---------------------------------------------------------------------- Language: English Issuer: AMB Generali Holding AG Aachener und Münchener Allee 9 52074 Aachen Deutschland Phone: +49 (0)241-461-01 Fax: +49 (0)241-461-1805 E-mail: investor.relations@amb-generali.de Internet: www.amb-generali.de ISIN: DE0008400029 WKN: 840002 Indices: MDAX Listed: Amtlicher Markt in Berlin, Frankfurt (Prime Standard), Düsseldorf, Hamburg, München; Freiverkehr in Hannover, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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