
Medellin, April 26 2013. GRUPO SURA has now released its results for Q1 2013, having obtained net profits of COP 287,259 million (USD 157 million), for a 61.2% growth compared to the same period last year.
Subsidiary revenues posted via the equity method came to COP 131,341 million (USD 72 million) along with dividend income and accrued interest of COP 84,960 million (USD 46 million) received on the Company’s portfolio investments.
The book value of GRUPO SURA’s stock rose by 13.2% YoY to COP 36,391 (USD 19.86). The Company emphasized the fact that it had managed to reduce its debt by 40% for a debt ratio of 2.4% at the end of this first quarter, that is to say 90 bp lower than for year-end 2012. GRUPO SURA’s assets came to COP 22.1 billion (USD 12.0 billio...