Last €78.76 EUR
Change Today +0.06 / 0.08%
Volume 13.5K
ELE On Other Exchanges
Symbol
Exchange
EN Paris
Munich
OTC US
OTC US
As of 11:35 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

euler hermes group (ELE) Snapshot

Open
€80.00
Previous Close
€78.70
Day High
€80.30
Day Low
€78.76
52 Week High
12/31/13 - €100.10
52 Week Low
10/16/14 - €73.13
Market Cap
3.6B
Average Volume 10 Days
10.4K
EPS TTM
€7.27
Shares Outstanding
45.3M
EX-Date
06/2/14
P/E TM
10.8x
Dividend
€4.20
Dividend Yield
5.33%
Current Stock Chart for EULER HERMES GROUP (ELE)

Related News

No related news articles were found.

euler hermes group (ELE) Related Businessweek News

No Related Businessweek News Found

euler hermes group (ELE) Details

Euler Hermes Group SA provides trade-related credit insurance solutions worldwide. It offers credit insurance services for small businesses, medium and large companies, and multinational companies. The company also provides a range of commercial debt collection solutions that comprise legal and insured debt collection solutions. In addition, it offers bonding and guarantees for companies in construction, engineering, manufacturing, and industrial equipment, as well as for importers, carriers, and food sector. Further, the company provides insurance against fraud consisting of commercial crime insurance for businesses and industry, as well as fidelity insurance for financial institutions that cover companies against financial losses resulting from criminal acts committed by their employees or service providers; and reinsurance. It was formerly known as Euler Hermes SA and changed its name to Euler Hermes Group SA in June 2014. The company was founded in 1917 and is headquartered in Paris, France. Euler Hermes Group SA operates as a subsidiary of Allianz France SA.

5,465 Employees
Last Reported Date: 04/30/14
Founded in 1917

euler hermes group (ELE) Top Compensated Officers

Chairman of the Board of Management
Total Annual Compensation: €950.3K
Member of the Board of Management
Total Annual Compensation: €623.6K
Member of the Board of Management
Total Annual Compensation: €477.6K
Member of the Board of Management
Total Annual Compensation: €475.8K
Member of the Board of Management
Total Annual Compensation: €475.8K
Compensation as of Fiscal Year 2013.

euler hermes group (ELE) Key Developments

Euler Hermes Announces Executive Changes

Euler Hermes has appointed Michael Diederich as the new chief executive officer for its operations in Germany, Austria and Switzerland (DACH region). The appointment will become effective at the beginning of 2015, pending regulatory approval. Diederich will be based in Hamburg and report to Wilfried Verstraete, Chairman of the Euler Hermes Board of Management. He succeeds Ralf Meurer who served as CEO for the DACH region for five years and will take a project responsibility in the HR Organisation of Allianz SE. Diederich joins Euler Hermes from the Unicredit banking group in Munich, where for the past 10 years he held various investment and commercial banking positions, and most recently served as divisional board member responsible for corporate banking clients in Southern Germany.

Euler Hermes Group SA Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Euler Hermes Group SA announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the nine months, the company's turnover was €1,893.6 million compared with €1,860.9 million a year ago. Ordinary operating income was €337.0 million compared with €312.7 million a year ago. This improvement is driven by the net technical result (€29.0 million), which is a result of a lower combined ratio (74.7% against 76.8% end of September 2013). Operating income was €315.2 million compared with €334.4 million a year ago. Net income, group share was €232.5 million compared with €221.4 million a year ago. This increase is linked to the good performance of Solunion, captured in the income from entities consolidated at equity, combined with a lower average tax rate. For the quarter, the company's turnover was €625.0 million compared with €608.2 million a year ago. Ordinary operating income was €92.3 million compared with €88.4 million a year ago. Operating income was €72.6 million compared with €81.1 million a year ago. Net income, group share was €59.3 million compared with €55.0 million a year ago.

Euler Hermes Appoints Mahan Bolourchi as GCC CEO

Euler Hermes has appointed Mahan Bolourchi as GCC CEO, with responsibility for Euler Hermes operations in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. Based in Dubai, he reports to Michele Pignotti, head of Euler Hermes Mediterranean Countries, Middle East and Africa region. Mahan Bolourchibegan his career at Euler Hermes in 2001 as a credit underwriter in Germany. He later became senior export credit Manager before moving to Switzerland as head of Risk Underwriting, and head of Information and Project Management.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ELE:FP €78.76 EUR +0.06

ELE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Coface SA €10.68 EUR -0.08
QBE Insurance Group Ltd A$10.97 AUD +0.35
View Industry Companies
 

Industry Analysis

ELE

Industry Average

Valuation ELE Industry Range
Price/Earnings 10.4x
Price/Sales 1.3x
Price/Book 1.3x
Price/Cash Flow 10.6x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EULER HERMES GROUP, please visit www.eulerhermes.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.