In 2013, Euler Hermes continues to post strong full year results

  • ​​​Record full year revenues at €2.5 billion up by 5.0% at constant exchange rates (+3.7% at actual exchange rates)
  • Robust operating income at €458.6 million, up by 6.2%, an outstanding performance in the context of the difficult economic environment
  • Net income rose 2.7% to €313.7 million
  • Proposed dividend of €4.2 per share, up by 5%
PARIS – 13 FEBRUARY 2014 - “Euler Hermes reinforced its industry leadership in 2013 and posted record revenues,” said Wilfried Verstraete, chairman of the Euler Hermes Board of Management. “As anticipated, non-mature markets and our multinational segment, as well as the new product offering, drove growth. Sound risk management in all regions generated strong operating income. We believe further growth opportunities are beginning to emerge after nearly six years of economic crisis and uncertainty. To meet the increasing demand for trade credit insurance, and to deliver our growth strategy, we continue to strengthen our product range, distribution channels and international presence.”