Group Net Profit was at 233 million euro, a growth of 42% compared to the results for the same period last year. | |
Group Assets under Administration , grew 17% with respect to December 31, 2004 totalling 30,399 million euro. | |
Gross Inflows totalled 6,275 million euro, +16% with respect to the same period last year. |
Net Profit was at 250 million euro, a growth of 45% with respect to the previous year. | |
Assets under Administration grew 18% with respect to December 31, 2004, totalling 27,556 million euro. | |
Gross Inflows came in at 5,749 million euro, + 17% with respect to the previous year. |
Gross Premiums Written in total came to 2,457 million euro, an increase of 6% with respect to the previous year. In particular, Life New Business grew 3% (1,502 million euro), with Recurring Premiums growing 20% to 210 million euro, and Single Premiums up 1%, to 1,291 million euro. Asset Management registered Gross Inflows of 1,927 million euro, a growth of 37% compared to the previous year | |
Net Inflows came in at 1,546 million euro, +22% with respect to the previous year. In particular, with regards to Managed Savings , note that they were positive each month of the year. | |
As at December 31, 2005, the Sales Network of Banca Mediolanum totalled 5,220 financial advisors (of whom 3,978 licensed advisors) , +7% with respect to December 31, 2004. | |
There were a total of 798,000 Primary Account Holders as at December 31, 2005 (785,100 at December 31, 2004). There were 362,600 bank customers at December 31, 2005, an increase of 16% with respect to December 31, 2004. | |
There were a total of 392,300 bank accounts at December 31, 2005, an increase of 48,300 with respect to December 31, 2004, +14%. |
A net profit of 15 million euro (7.3 million euro for Mediolanum's share), a growth of 76%. | |
Assets under Administration grew 17% with respect to the previous year, reaching 5,670 million euro. (2,750 million euro for Mediolanum's share). |
Profit before Tax came in at 0.5 million euro, with respect to the loss of the previous year of 7.7 million euro. Taking into account the write-down of the value of the controlled German subsidiary Gamax of 14.8 million euro, with 2.3 million euro in taxes, the final economic result was negative at 16.6 million euro. | |
Assets under Administration grew by 8% with respect to December 31, 2004, totalling 2,843 million euro. |
Contacts: Media Relations Roberto Scippa Tel +39 02 9049 2902 Fax +39 02 9049 2345 e-mail: gmmedia@mediolanum.it |
Investor Relations Alessandra Lanzone Tel +39 02 9049 2039 e-mail: investor.relations@mediolanum.it |