Sava net profit up 4.5% y/y in first nine months to EUR 36.5m

Ljubljana, 17 November - The insurance group Sava posted EUR 36.5 million in net profit in the first nine months of the year, a 4.5% rise year-on-year despite the negative impact of the early-August floods. The floods lowered the profit by EUR 27.1 million, but the group still expects to meet the target of at least EUR 53 million in profit by the end of the year.

Ljubljana The premises of insurer Sava. Photo: Nebojša Tejić/STA File photo

Ljubljana
The premises of insurer Sava.
Photo: Nebojša Tejić/STA
File photo

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