Italian insurer Assicurazioni Generali SpA cut net profit by 0.6% in 2024, with adjusted and operating profit rising to record highs. According to a press release from the insurer, net profit for 2024 was €3.72 billion, up from €3.75 billion a year earlier.
Adjusted net income rose 5.4% to a record €3.77 billion, or €2.45 per share, from €3.58 billion, or €2.32 per share, in 2023.
Generali’s operating profit rose 8.2% to €7.3 billion last year, also a record.
The company’s adjusted and operating profit matched its consensus forecast.
Generali’s gross premiums amounted to €95.19 billion in 2024, up 14.9% year-on-year. Premiums in the life insurance segment increased by 19.2%, in the property and casualty division by 7.7%.
The capital adequacy ratio of the insurer within the framework of the Pan-European requirements “Solvency-2” (Solvency II) at the end of December amounted to 210% compared to 220% at the end of the previous year. The company explains the decrease in the indicator by the effect of acquisitions, as well as from the buyback of shares in the amount of 500 million euros.
Generali plans to increase its dividend by 11.7% to €1.43 per share. The company expects a compound annual growth rate of 8-10% for its adjusted earnings per share and more than 10% for dividends in 2025-2027. Generali intends to repurchase €500 million worth of shares in 2025, and at least €1.5 billion worth over three years. Generali’s capitalization has risen about 17% since the beginning of the year to 49.96 billion euros, while Italy’s FTSE MIB index has added about 12% over the period.
Components of state budget expenditures in 2021-2024, UAH billion
Source: Open4Business.com.ua
The residential real estate market in Montenegro in 2024 showed a significant increase in prices for both apartments and houses. The average cost of housing in new buildings increased by 20%, reaching EUR 1,844 per square meter.
Regional differences in prices:
Podgorica: In the capital, the average housing price increased by 11.5% to 1,763 euros per square meter in the second quarter of 2024.
Coastal areas: In the coastal region, prices for apartments and houses increased by almost 30% over the year to 2,028 euros per square meter.
Central region: In the central region, the average price of housing increased by 34.5% compared to the previous year and amounted to 960 euros per square meter in the second quarter of 2024.
Northern region: In the north of the country, the average cost of new housing rose by 7.1% to €1,306 per square meter.
Price growth factors:
Demand from foreign investors: Montenegro continues to attract foreign buyers due to its loyal tax policy and prospects of joining the European Union.
Limited supply: In popular tourist regions such as Budva, Tivat and Bar, there is a shortage of luxury housing, which contributes to the growth of prices.
Economic reforms: Montenegro’s accession to international organizations and expected accession to the European Union make the region more stable for long-term investment.
Forecast for 2025:
Experts predict continued growth in real estate prices in Montenegro in 2025, especially in areas with developed tourist infrastructure. Demand for luxury properties in coastal areas is expected to remain high, leading to further price increases.
Buyers are advised not to postpone their decision to purchase real estate, given the current market trends.
http://relocation.com.ua/analiz-rynku-zhytlovoi-nerukhomosti-cho/
– The first corporation to top the Corporate Knights Global 100 twice
– 14th consecutive year in the Global 100, 7th time in the top ten
– Strong results in key ESG rankings for 2024
Rueil-Malmaison (France), January 22, 2025 – Schneider Electric, a leader in digital transformation in energy management and automation, has been named the World’s Most Sustainable Corporation 2025 by Corporate Knights and is the only company to be ranked first twice in the Global 100. For the first time, Schneider Electric topped this annual list of the most sustainable public companies with annual revenues over $1 billion in 2021. This unique achievement underscores the company’s long-term commitment to sustainability and its integrated approach to achieving the best environmental, social and governance (ESG) results.
“For many years, sustainability has been at the heart of Schneider Electric’s business. For IMPACT, it is not just a corporate goal, but a driving force that drives our business decisions and inspires our employees,” said Olivier Blum, CEO of Schneider Electric. “Being named the second Most Sustainable Corporation in the World by Corporate Knights, along with other key ESG recognitions, is a testament to the meaningful, long-term positive impact we are making.”
This year’s top spot for Schneider Electric reflects its leadership in sustainability, including its gender balance among executives and board members, as well as its innovative solutions for energy efficiency, electrification and decarbonization. Schneider also received high marks for its efforts to decouple energy consumption and carbon emissions from business growth, as well as for its significant investment in sustainable research and development. Corporate Knights also noted the correlation between the executive compensation system and the company’s sustainability goals and ESG ratings.
The annual Global 100 index, compiled by Canadian media and research company Corporate Knights, is based on openly available quantitative data on resource use, employee and supplier policies, sustainable revenues and investments. The Global 100 methodology uses both fixed and variable key performance indicators to compare companies among their competitors. Schneider Electric has been included in the Global 100 for the 14th consecutive year and the 7th time in the top 10, a record for its electrical equipment industry.
The awarding of this title in 2021 and 2025 coincides with the beginning and end of the five-year period of the latest Schneider Sustainability Impact program. This program measures the company’s progress against a number of key ESG goals set for the end of 2025 and helps maintain a sustained focus on achieving both global and local ambitions.
Schneider ‘s leadership in sustainability is also recognized by recent high scores from leading ESG rating providers:
See also:
– Schneider Electric latest sustainability performance reports
– Environment, Social, Governance (ESG) FAQ
About Schneider Electric
Schneider’s purpose is to create impact by empowering everyone to make the most of our energy and resources, ensuring progress and sustainability for all. We call it Life Is On.
Our mission is to be a trusted partner in sustainability and efficiency.
We are a global technology leader, bringing world-class expertise in electrification, automation and digitalization to smart industries, reliable infrastructure, future-proof data centers, smart buildings and intuitive homes. Drawing on our deep industry expertise, we provide integrated end-to-end AI-enabled industrial IoT solutions with connected products, automation, software and services, creating digital twins to drive profitable growth for our customers.
Ourmain resource is our 150,000 employees and more than a million partners operating in more than 100 countries to ensure proximity to our customers and stakeholders. We support diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.
The total dividends paid by the world’s largest companies by the end of 2024 amounted to $1.747 trillion, according to a report by UK-based Janus Henderson Investors.
This is a record and 6.6% higher than the previous year.
In 17 of the 49 countries whose representatives were taken into account in the study, dividend payments reached historic highs. These include the US, Japan, France and China.
The leaders in the amount of payments were Microsoft Corp., Exxon Mobil, HSBC, Apple Inc., China Construction Bank Corp., PetroChina Co., China Mobile, JPMorgan Chase & Co., Chevron Corp. and Johnson & Johnson, whose dividends totaled $145.9 billion (or 8.4% of the total). Next came Taiwan Semiconductor Manufacturing Company, Verizon Communications, Abbvie, Petroleo Brasileiro (Petrobras), BHP, Broadcom, Pfizer Inc., Procter & Gamble Co., Home Depot Inc. and Toyota Motor – their payouts totaled $101.7 billion.
Companies such as Meta, Alphabet Inc. and Alibaba declared their first-ever dividends last year.
About 88% of companies increased their payouts or kept them the same.
American companies increased dividends by 8.7% (up to $651.6 billion), Japanese companies – by 15.5% (up to $86 billion), European companies excluding Great Britain – by 5.6% (up to $313 billion), representatives of the Asia-Pacific region excluding Japan – by 2% (up to $163.5 billion).
In the fourth quarter, the world’s leading companies paid $371.7 billion in dividends, which is 7.3% higher than in the same period in 2023.
According to Janus Henderson’s forecast, by the end of 2025, the total amount of dividends paid globally will grow by 5.1% to $1.83 trillion, i.e. will once again renew the record.
Janus Henderson’s quarterly study, which analyzes global trends in dividend payments, takes into account data from 1.2 thousand of the world’s largest companies by market value. It has been conducted since 2009.
