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MarketScreener Homepage  >  Equities  >  Xetra  >  Allianz    ALV   DE0008404005

ALLIANZ (ALV)
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Delayed Quote. Delayed  - 08/17 05:35:07 pm
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Encouraging Future Generations: Never Too Young, Never Too Old

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06/14/2018 | 11:58am CEST

When he was in his early teens, Kadir Can Kirkoyun would spend hours glued to gaming apps. Most of his friends didn't share his enthusiasm for 1s and 0s. But even as a youngster, Kadir understood that the lack of interest came from the fact that they couldn't imagine the possibilities that software coding offers.

On a whim, he wrote the first codes for the Scode app with his brother Kaan and a couple of like-minded friends. The rest, as they say, is history.

The app uses a story-telling format to teach users to code. It won a mention in Google Playstore's Best Apps of 2017 list. When he began, Kadir was too young to understand the potential the idea had. When he did, there were challenges to be met - he was below the legal age to found a company and school attendance and homework made time management rather difficult. Then, there were legal procedures to be followed. What would a teen know about those? But with determination, Kadir overcame them all.

He doesn't regret starting so young. 'At that age, you are not burdened by responsibilities and you have the enthusiasm and optimism to change things for the better,' he says.

Kadir believes in the cause of coding - he sees as the key to changing lives in this century. Today, Scode app has more than 180,000 users. 'It's immensely satisfying to see people realize what great ideas coding can enable,' he finishes.

Disclaimer

Allianz SE published this content on 14 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 June 2018 09:57:06 UTC

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Financials (€)
Sales 2018 128 B
EBIT 2018 11 476 M
Net income 2018 7 613 M
Debt 2018 -
Yield 2018 4,73%
P/E ratio 2018 10,47
P/E ratio 2019 9,84
Capi. / Sales 2018 0,62x
Capi. / Sales 2019 0,60x
Capitalization 79 200 M
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 214 €
Spread / Average Target 16%
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Managers
NameTitle
Oliver Bäte Chief Executive Officer
Michael Diekmann Chairman-Supervisory Board
Christof Mascher Chief Operating Officer
Giulio Terzariol Chief Financial Officer
Rolf Zimmermann Vice Chairman-Supervisory Board
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