Brief: Alm. Brand Q1 Net Income Up At DKK 224 Million

ALM. Brand A/S

28/04/2026 06:27

April 28 (Reuters) - ALM. Brand A/S ALMB.CO:

Q1 GROSS PREMIUM INCOME DKK 2,929 MILLION

Q1 PRETAX PROFIT DKK 313 MILLION

Q1 NET INCOME DKK 224 MILLION

Q1 EPS DKK 0.2

GUIDANCE FOR THE INVESTMENT RESULT IN 2026 IS LOWERED TO DKK 0.15 BILLION FROM DKK 0.2 BILLION PREVIOUSLY

LIFTS GUIDANCE FOR INSURANCE SERVICE RESULT EXCLUDING RUN-OFF GAINS OR LOSSES FOR Q2 TO Q4 OF 2026 BY DKK 150 MILLION TO DKK 1.8-2.0 BILLION

OUTLOOK 2026: PRE-TAX PROFIT BEFORE OTHER INCOME AND EXPENSES IS EXPECTED TO BE DKK 1.95-2.15 BILLION.

OUTLOOK 2026: COMBINED RATIO (EXCLUDING RUN-OFFS IN Q2-Q4 2026) IS NOW EXPECTED TO BE IN THE RANGE OF 83.5-85.5 COMPARED TO 84.5-86.5 PREVIOUSLY

SITUATION IN MIDDLE EAST LED TO SIGNIFICANT INCREASE IN CUSTOMER ENQUIRIES RELATED TO TRAVEL INSURANCE ISSUES

Source text: ID:nGNE22kwCg

Further company coverage: ALMB.CO

 (Gdansk Newsroom)

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