Wüstenrot & Württembergische Business Profile and Market Analysis

Wüstenrot & Württembergische is a German financial services company with a long history dating back to 1862. The company's roots in Germany's south-western region have shaped its business profile.

Wüstenrot & Württembergische offers a range of financial products and services, including life insurance, property insurance, and savings products. Its business model is primarily focused on serving the needs of private individuals and small businesses.

With a strong presence in Germany's south-western region, Wüstenrot & Württembergische has built a reputation for providing reliable and customer-focused financial services. The company's commitment to its core values has enabled it to establish a loyal customer base.

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Wüstenrot & Württembergische AG is a German company with a rich history. The company was founded in 1949.

Wüstenrot & Württembergische AG has a diverse range of subsidiaries, including Beteiligungs GmbH der Württembergischen, which provides administrative and business services. Beteiligungs GmbH der Württembergischen is based in Stuttgart, Germany, and was founded in 1994.

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The company's subsidiaries operate in various sectors, such as insurance and homebuilding. Altmark Versicherungsmakler GmbH, another subsidiary, provides insurance brokerage services and is also based in Stuttgart, Germany. It was founded in 1990.

Wüstenrot & Württembergische AG's focus on providing construction services is evident through its subsidiary Wüstenrot Haus- und Städtebau GmbH, which was founded in 1949 and is headquartered in Ludwigsburg, Germany.

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Wüstenrot & Württembergische AG has seen a steady increase in sales from 2019 to 2023, with a notable jump in property/casualty insurance sales from 1.72B in 2020 to 2.71B in 2023.

The company's sales by activity show a decline in life and health insurance sales, from 4.21B in 2019 to 2.18B in 2023.

Housing sales have been relatively stable, ranging from 874M in 2019 to 988M in 2023.

All other sales have fluctuated, with a low of 284M in 2023 and a high of 742M in 2021.

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The company's dividend has remained consistent at 0.65 EUR per share from 2022 to 2024, with an expected increase to 0.70 EUR per share in 2026.

The dividend yield has increased significantly, from 4.21% in 2022 to 5.51% in 2026.

The company's earnings per share have been volatile, ranging from 2.77 EUR in 2022 to 0.30 EUR in 2024.

Here is a summary of Wüstenrot & Württembergische AG's key financial data:

Wüstenrot & Württembergische offers a range of products, including Unit Linked Life Insurance and Term Life Insurance. These products cater to different financial needs and goals.

Their services include Insurance Advisory Services and Claims Processing Services, which provide support and guidance to customers. This helps ensure that customers receive the help they need in a timely manner.

The company has a strong brand presence with Wustenrot and Wurttembergische being two of the notable brands.

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Wustenrot & Wurttembergische AG offers a range of products including Unit Linked Life Insurance and Term Life Insurance.

Their services include Insurance Advisory Services and Claims Processing Services. The company also has various brands such as Wustenrot and Wurttembergische.

They offer Deposit Insurance, and Follow-up Financing services.

Here's a breakdown of their sales by activity:

Sales geography is a crucial aspect of any company's success, and Wüstenrot & Württembergische AG is no exception. Their sales data reveals a significant presence in Germany, with sales figures remaining steady at 6.39B in both 2019 and 2020.

The company's sales in Germany have actually increased over the years, reaching 6.78B in 2021 and 6.65B in 2022. However, in 2023, sales dropped to 5.98B.

Wüstenrot & Württembergische AG also generates sales in other countries, although the numbers are relatively small compared to Germany. In 2019, sales in other countries were 645K, which increased to 910K in 2020 and 1.23M in 2021.

However, sales in other countries decreased to 2.12M in 2022 and 1.04M in 2023. The Czech Republic is another country where the company has a presence, with sales figures of 92.33M in 2019 and 25.12M in 2020.

Unfortunately, the sales data for the Czech Republic is incomplete, with no figures available for 2021 and 2022.

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Wüstenrot & Württembergische has several competitors in the industry. Wüstenrot & Württembergische is a public company.

Wüstenrot & Württembergische's main competitors are NUERNBERGER Beteiligungs-Aktiengesellschaft and HDI Global SE. Both of these companies are also based in Germany.

NUERNBERGER Beteiligungs-Aktiengesellschaft has a smaller workforce compared to Wüstenrot & Württembergische, with 4,142 employees. In contrast, Wüstenrot & Württembergische has 6,471 employees.

The ARAG Group and Debeka Krankenversicherungsverein Ag are also competitors of Wüstenrot & Württembergische. The ARAG Group has 5,070 employees, while Debeka Krankenversicherungsverein Ag does not disclose its employee count.

Here is a list of Wüstenrot & Württembergische's competitors along with some key statistics:

The management team at Wüstenrot & Württembergische is led by Jürgen Albert Junker, who has been the CEO since 2016. He's been with the company for over 5 years.

The company has a total of 4 directors, each with a unique title and experience. Alexander Mayer, the Director of Finance/CFO, has been with the company since 2020, while Jens Wieland, the Chief Tech/Sci/R&D Officer, has been with the company since 2012.

Here's a brief overview of the management team:

Wüstenrot & Württembergische AG is a financially independent service group based in Stuttgart, formed in 1999 after the merger of Wüstenrot and Württembergische.

Their core business is providing services for homeowners, wealth creation, future security, and risk protection.

The company's services are offered through two main channels: Wüstenrot's external sales force and Württembergische's insurance business.

Bauspar- and Baufinanzierungsgeschäft is considered the core business of Wüstenrot's external sales force, while the Schaden- und Unfallversicherungsgeschäft serves as the basis for Württembergische's business.

Both channels are increasingly focusing on joint market work, known as Cross-Selling, concentrating on high-growth and high-yield products.

These "Produkte der Mitte" include life and pension insurance, investment products, investment funds, and health insurance, particularly in the areas of old-age provision and wealth creation.

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Meet the Managers of Wüstenrot & Württembergische AG. Jürgen Albert Junker is the CEO, having taken on the role in 2016. He's 55 years old and has been in the position since December 31st of that year.

The company also has a Director of Finance, Alexander Mayer, who is 49 years old and has been in the position since August 31st, 2020. Jens Wieland, the Chief Tech/Sci/R&D Officer, is 58 years old and has been with the company since June 30th, 2012.

Here's a breakdown of the key managers:

Michael Ellwanger, the Investor Relations Contact, is a bit harder to pin down, but we know he's been with the company since March 31st, 2006.

The Wüstenrot & Württembergische offers a wide range of services, including the sale of insurance products and financial services. These services are distributed through various channels, such as agencies, insurance brokerages, cooperating companies, and credit institutions like Sparkassen.

You can purchase their insurance products and financial services through their website, where you can find personalized offers and contracts, including accident insurance and building savings contracts.

The company provides personal customer service through various contact options, including individual consulting and damage regulation via phone, as well as through local experts who can be found in the vicinity of their customers.

In addition to these services, they also offer a return call service for their customers.

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