Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Mapfre sees 2013 revenue of 26 billion

Source: Reuters - Sat 9th Mar 2013
Mapfre sees 2013 revenue of 26 billion

Spanish insurer Mapfre sees 26.0 billion of revenue in 2013 as it grows in Latin America and expands to new areas of the United States, the company said in a statement after a shareholders meeting on Saturday.

The shareholders approved a dividend of 0.11 per share out of 2012 earnings, equivalent to a pay-out of 51% of profit, the highest in the company's history, the statement said.

Shareholders have already received a preliminary 0.04 dividend in December, which will be complemented by a new payment of 0.07 per share.

Mapfre reported net profit of 666 million last year, based on revenue of 25.3 billion.

Chairman Antonio Huertas said in the statement that the company expects growth in its home market in Spain to outpace expansion in the country's insurance sector as a whole.

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Blogs

 
Use the hair extensions pretty curling styling spray to evenly spray on the hair wigs part that wants to highlight the hair extensions uk curl, then use the curling iron to start at the horizontal line behind the ear, and the human hair extensions uk single layer is rolled, and the handsome yet playful hairstyle is born.