Brief: Sampo Q1 Pretax Profit EUR 28 Million, Below Estimates

Sampo Oyj

06/05/2026 06:42

May 6 (Reuters) - Sampo Oyj SAMPO.HE:

Q1 INSURANCE REVENUE, NET EUR 2,363 MILLION VERSUS EUR 2,326 MILLION SEEN IN COMPANY CONSENSUS

Q1 EPS EUR -0.02  VERSUS EUR 0.03 SEEN IN COMPANY CONSENSUS

Q1 PRETAX PROFIT EUR 28 MILLION VERSUS EUR 106 MILLION SEEN IN COMPANY CONSENSUS

Q1 COMBINED RATIO 84.4% VERSUS 85.4% SEEN IN COMPANY CONSENSUS

SEES 2026 GROUP INSURANCE REVENUE AT EUR 9.6–9.8 BILLION

SEES 2026 GROUP UNDERWRITING RESULT: EUR 1,525–1,625 MILLION

IN ITS CURRENT DAY-TO-DAY BUSINESS ACTIVITIES SAMPO GROUP IS EXPOSED TO VARIOUS RISKS AND UNCERTAINTIES, MAINLY THROUGH MAJOR BUSINESS UNITS

MAJOR RISKS AFFECTING THE GROUP COMPANIES’ PROFITABILITY AND ITS VARIATION ARE MARKET, CREDIT, INSURANCE, AND OPERATIONAL RISKS

AT THE GROUP LEVEL, SOURCES OF RISKS ARE THE SAME, ALTHOUGH THEY ARE NOT DIRECTLY ADDITIVE DUE TO THE EFFECTS OF DIVERSIFICATION

SAMPO GROUP HAS LIMITED DIRECT EXPOSURE IN THE PERSIAN GULF

BIGGEST RISK FROM TENSIONS IN THE MIDDLE EAST TO THE GROUP RELATES TO THE 2ND ORDER CAPITAL MARKETS AND MACROECONOMIC EFFECTS OUTLINED ABOVE

Source text: ID:nGNE1kGHLh

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