March 13, 2020 / 12:53 PM / 20 days ago

BRIEF-Mapfre Sees Income Level At End-2021 Of Between 28 And 30 Bln Euros

March 13 (Reuters) - Mapfre SA:

* UPDATES ITS PUBLIC STRATEGIC OBJECTIVES FOR THE 2019-2021 PERIOD

* PROFITABLE GROWTH: TO OBTAIN A ROE IN THE RANGE OF BETWEEN 8% AND 9% ON AVERAGE FOR 2019-2021

* PROFITABLE GROWTH: REACH A LEVEL OF INCOME AT THE CLOSE OF 2021 OF BETWEEN 28 AND 30 BILLION EUROS

* SAYS TO OBTAIN AN AVERAGE COMBINED RATIO FOR NON-LIFE BUSINESS FOR 2019-2021 PERIOD OF BETWEEN 96% AND 97% Source text: bit.ly/2INjaWw Further company coverage: (Gdansk Newsroom)

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