Financials SACE - 21 May 2015

First quarter results: net profit € 100 million (+ 39%)

The Board of Directors of SACE S.p.A. examined the interim report for the first quarter ended 31 March 2015.

 

The following are the highlights of the report:

 

  • net profit € 100.1 million, 38.8% more than the first quarter of 2014
  • gross premiums € 56.3 million (+ 4,8%)
  • claims € 68.6 million, down 17.5%.

 

Shareholder’s equity at 31 March 2015 was € 4 billion, with a reduction of 14.4% due to the return of € 799 million to the shareholder in execution of the capital reduction resolved last December.

Documents

Download Press release - SACE first quarter results 2015
pdf 241 KB
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