Scor planning to move forward
Following their consolidation over the last few years Scor have set out two key objectives for their three year ‘Moving Forward’ plan (2004-7). They are looking to provide clients with an “A” level of security over this period and they also want to produce an underlying ROE of 6% above the risk-free rate.
Figures for June 2004 show a group net income of €58 million, a rise from €42 million in June 2003. The company says this has been achieved by downsizing, recapitalisation and restructuring. In 2002Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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