Business performance for the year as a whole was marked in particular by a continued, persistent focus on cost management in connection with the reinforcement programme “W&W 2015”, positive claims development, and gains from the sale of investments. Another contributing factor was a positive measurement effect with regard to financial investments.
According to preliminary, unaudited figures, net income for the parent company W&W AG as calculated in accordance with the German Commercial Code (HGB), which is controlling for the dividend distribution, will come in at EUR around 56 million and thus exceed the projected value for 2014 of around EUR 50 million.
The Group Management Report will be published together with the final figures in late March 2015.
W&W AG: Final figures for the financial year with good earnings quality
W&W AG: Weatherproof in a challenging environment – uptake of coverage
W&W AG: With continual increases in efficiency, successful in a challenging market environment