Picture of Saga Pure ASA logo

SAGA — Saga Pure ASA News Story

0.000.00%
no flag iconLast trade - 00:00
FinancialsConservativeSmall CapSuper Stock

Norway's Saga Pure Q2 net profit rises on investment gains

Norway's Saga Pure Q2 net profit rises on investment gains


Overview

  • Norway investment firm's Q2 net profit was NOK 24.9 mln

  • Net gain on financial investments driven mainly by Eilert Sundtsgate 39 AS

  • Investments in subsidiaries rose, equity instruments value declined from Q1


Outlook

  • Saga Pure did not provide specific guidance or outlook for the current or future periods in press release


Result Drivers

  • EILERT SUNDSGATE 39 AS - Net gain on financial investments mainly attributed to Eilert Sundtsgate 39 AS

  • SUBSIDIARY INVESTMENTS - Value of investments in subsidiaries increased from NOK 770.8 mln to NOK 785.6 mln

  • EQUITY INSTRUMENTS DECLINE - Value of equity instruments fell to NOK 32.0 mln from NOK 111.8 mln in Q1

  • Company had a cash holding of NOK 313.5 million at the end of second quarter 2026, versus NOK 288.3 million per year end 2025


Company press release: ID:nWkrbllC26


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Net Income

NOK 24.90 mln


Reuters Recommended Reads

  • Aug 26 - Norway's Eqva ASA Q2 revenue rises 4.6% on acquisitions

  • Aug 25 - Germany's MPC Capital raises 2026 revenue, profit outlook

  • Aug 24 - New Zealand's Marlin Global posts NZ$17.3 mln annual loss on investment valuation losses, sector rotation


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Saga Pure ASA

See all news