Vienna Insurance Group targets 400 mln euro pre-tax profit in 2016

March 16, 2016 8:47 PM

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VIENNA, March 16 Vienna Insurance Group aims to more than double its pretax profit in 2016 to up to 400 million euros ($449 million)from a preliminary 172 million last year, it said on Wednesday.

The executive proposed a dividend of 0.60 euro per share for 2015, more than double its previously announced payout policy of 30 percent of net profit after minorities.

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