Performance 2009

All in all, 2009 was a very good year for Vienna Insurance Group shareholders. The share’s year-end closing price of EUR 36.00 represented a gain of close to 50%, which means that VIG shares even outperformed the ATX by around 7% in 2009. At the beginning of the year, the price of VIG shares tumbled sharply along with international markets to reach a low for the year of EUR 16.10 on 9 March 2009.

The announcement of a bonus dividend and the stable earnings performance over the course of the year then helped the share price to record a strong recovery. The share price rose from its low for the year to almost double this value by the middle of May, thereby outperforming the ATX.

A steady return of investor confidence in a rapid economic recovery in the CEE region and a solid earnings performance by the Vienna Insurance Group moved the share price to a high for the year of EUR 44.00 on 15 October 2009. After a number of short setbacks due to a return of capital market uncertainties, VIG shares closed out the year at a price of EUR 36.00.

These uncertainties continued into the current year, causing the VIG share price to move sideways, accompanied by an increase in volatility.