Brief: Alm Brand Hikes FY Guidance For Insurance Service Result

ALM. Brand A/S

07/11/2024 06:49

Nov 7 (Reuters) - ALM. Brand A/S  ALMB.CO :
    * GUIDANCE FOR FULL-YEAR INSURANCE SERVICE RESULT IS LIFTED
BY DKK
50 MILLION TO DKK 1.25-1.35 BILLION EXCLUDING RUN-OFF RESULT FOR
Q4
    * Q3 EXPENSE RATIO FELL TO 17.1 (Q3 2023: 17.3).
    * GUIDANCE FOR FULL-YEAR INVESTMENT RESULT IS LIFTED BY DKK
50
MILLION TO ABOUT DKK 450 MILLION
    * DIVESTMENT OF ENERGY & MARINE BUSINESS IS EXPECTED TO BE
COMPLETED AT BEGINNING OF MARCH 2025.

Source text:  ID:nGNE5158H7 
Further company coverage:  ALMB.CO 

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