Analyst consensus
Ahead of results announcements, we publish estimates submitted by the sell-side financial analysts.
2H 2025 consensus estimates
| (in EUR mln unless stated otherwise) | Median | Highest | Lowest | Average | Number of estimates |
|---|---|---|---|---|---|
| Operating result (Group) | 831 | 940 | 797 | 842 | 10 |
| Operating capital generation before holding funding & op. exp. | 654 | 667 | 630 | 652 | 11 |
| Operating capital generation (after holding funding & op. exp.) | 508 | 537 | 482 | 506 | 11 |
| Free cash flow (gross remittance minus holding funding & op. exp.) | 386 | 461 | 339 | 388 | 11 |
| Cash capital at Holding | 1,355 | 1,427 | 1,254 | 1,339 | 9 |
| DPS (EUR per share) | 0.21 | 0.23 | 0.21 | 0.21 | 11 |
| US RBC ratio (%) | 420% | 424% | 419% | 420% | 9 |
| UK (Scottish Equitable Plc) Solvency II ratio (%) | 185% | 185% | 184% | 185% | 9 |