ALM. Brand jumps to 4-year high on strong Q2 momentum

ALM. Brand A/S

16/07/2025 08:29

** Shares in ALM. Brand ALMB.CO jump 4.3% after the Danish insurer reported Q2 results above market expectations and hiked its 2025 outlook

** Q2 insurance service result came in at DKK 520 million ($81.02 million), which Jyske Bank analysts say was 5% better than expected

** The brokerage says the result was driven by insurance revenues and combined ratio

** ALM. Brand hikes 2025 guidance for pre-tax profit by DKK 100 million

** The stock trades at its highest level since April 2021

($1 = 6.4183 Danish crowns)

 (Reporting by Jagoda Darlak in Gdansk)

 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))