Although the revenue will be flat, operating income is expected to increase by about 50% to EUR28 million to EUR30 million.
“We are within the parameters approved at the beginning of the year. We will probably end [2017], and I say probably, because December, which is a very good month, is not over yet, with RON1.2 billion to RON1.3 billion in gross written premiums, which is comparable to last year’s figures. As for the financial result, profit will stand at EUR28 million to EUR30 million depending on the leu exchange rate, up from EUR20 million last year,” Virgil Soncutean said. (EUR1=RON4.6362)
(English version by Loredana Fratila-Cristescu)