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W&W raises forecast for Group results

Wüstenrot & Württembergische AG (W&W) raises forecast for the Group results for 2015.

The IFRS group consolidated profit will probably lie within a range of between 240 to 280 million euros. The previous forecast was 200 to 240 million euros. The reason for this rise is based on other business model optimisations, which are also reflected in lower costs, the recent, positive development on the stock markets and improved claims development within the property insurance area.