Brief: ALM. Brand: Upgraded Profit Guidance For 2021

ALM. Brand A/S

11/06/2021 12:04

June 11 (Reuters) - ALM. Brand A/S  ALMB.CO :
    * UPGRADED PROFIT GUIDANCE FOR 2021
    * ALM. BRAND UPGRADES ITS PROFIT GUIDANCE FOR 2021 TO DKK
700-750
MILLION FROM PREVIOUS GUIDANCE OF A PROFIT OF DKK 650-700
MILLION
    * FOR NON-LIFE INSURANCE, GUIDANCE IS LIFTED BY DKK 100
MILLION TO
A PROFIT OF DKK 725 MILLION BEFORE TAX, DRIVEN BY A GENERALLY
FAVOURABLE TREND IN UNDERLYING INSURANCE OPERATIONS
    * GUIDANCE FOR LIFE INSURANCE IS UNCHANGED AT A PRE-TAX
PROFIT OF
DKK 100 MILLION AND GROWTH IN REGULAR PREMIUM PAYMENTS OF 3-4%
    * GUIDANCE FOR OTHER ACTIVITIES IS CHANGED TO A LOSS OF DKK
100
MILLION FROM PREVIOUS GUIDANCE OF A LOSS OF DKK 50 MILLION

Source text for Eikon:  ID:nGNE84kdKQ 
Further company coverage:  ALMB.CO 

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