Fondiaria-SAI: the Board of Directors approves the FY2003 Accounts

Corporate: Financial
Friday, March 26, 2004
  • Consolidated Profit: Euro 321.4 m.
  • Combined Ratio: 91.5%
  • Gross Premiums Written: Euro 9,243.4 m. (+7.8%)
  • Proposal of a dividend of Euro 0.4 per ordinary share (+54%)

The Board of Directors of Fondiaria-SAI S.p.A. met today, chaired by Jonella Ligresti and examined and approved the draft FY2003 Parent Company and consolidated accounts.

The consolidated profit and loss account showed a net consolidated profit of Euro 321.4 m., higher that the target set in the Industrial Plan.

Please read the pdf document.