The Board of Directors of SACE (CDP group), in its meeting today chaired by Giovanni Castellaneta, approved the draft financial statement for the year ended 31 December 2015.
Financial highlights for 2015:
- Gross premiums: € 483.8 (+54.8%)
- Claims: € 258.7 (-23.7%)
- EBITDA: € 657.9 (+25.1%)
- Net profit: € 406.7 (+6.2%)
- Technical reserves: € 3,1 (+13%)
- Equity: € 4,3 (-13.5%)
- Transaction portfolio: € 40,7 (+11.6%)
In a macroeconomic context marked by a slowdown in the emerging countries, declining commodity prices, and a slight improvement in the advanced economies, SACE increased its support to the international competitiveness of companies. These results exceed all the business plan objectives and confirm the financial solidity of SACE and its continuing support to the internationalisation of an increasing number of companies.
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