Nürnberger Beteiligungs (NBG6)

Business description

Nürnberger Beteiligungs-AG (NBG) is the parent company of a group of insurers and financial service companies. It is one of Germany’s oldest life insurers, and currently has 5.7m contracts, €3.3bn in gross premium income and €27.6bn in AUM. In 2016, NBG sharpened its image to be seen as a “clear, easy and solid” insurer.

Stock data

Market cap.€774.4m
Last close€67.38
High / Low (52 weeks)€71.0 / €54.9
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual2.9024.46521.405
Relative *(0.491)0.138(0.506)

* % Relative to local index

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Company news

Nuernberger Beteiligungs AG (NBG6) Is Yet to See Trading Action on Sep 22

Fri, 22 Sep 2017 09:11:15 GMT

"Let's Dance"-Star Ekaterina Leonova (30) in CLOSER: "Ich habe Angst, dass ich ...

Tue, 16 May 2017 07:03:57 GMT

"Finanzinvestoren kreisen wie die Geier über uns"

Thu, 06 Oct 2016 11:55:34 GMT

BVB-Boss Watzke schlägt Alarm

Fri, 22 Sep 2017 05:01:30 GMT

Nuernberger Beteiligungs proposes unchanged dividend for FY 2015

Mon, 21 Mar 2016 00:00:00 GMT

Investment summary

Nürnberger’s results this year are riding out the challenging environment; net income rose 63% to €42m and guidance for the full year was upped from €40m to €60m. Against this, the dominant life insurance business faces limited medium-term visibility. At 1.02x conservative HGB book value per share and a dividend yield of 4.6%, the rating is undemanding.

Last updated on 20/09/2017

Key management

Uwe Carr, Investor Relations

Company address

Ostendstraße 100
Nürnberg
90334
Germany
0049 911 5310
View website