News & Announcements
Profit Warning 2018
Profit Warning 2018
Nicosia, 21 December 2018
ANNOUNCEMENT
Re: Profit Warning for 2018
Pursuant to the Laws and Regulations of the Cyprus Stock Exchange and the Securities and Exchange Commission, ATLANTIC INSURANCE COMPANY PUBLIC LTD wishes to inform its shareholders and the broader public that based on the data available to date, the consolidated profits of ATLANTIC Group for 2018 are expected to be decreased because of losses in the investment portfolio compared to a profit in the previous year.
On the contrary, both net premiums and profits from insurance operations are expected to be increased compared to last year.
Andreas Pirishis
Secretary
Regulated
Filing Date: 21/12/2018 10:47