Finland's Sampo 2025 EPS up 65% on NOBA gain

Sampo Oyj

05/02/2026 06:37

Overview

Finland insurance group's 2025 underwriting result rose 12% on currency-adjusted basis

Reported EPS for 2025 increased 65%, driven by NOBA investment gain

Company proposes regular dividend increase of 6%

Outlook

Sampo expects 2026 insurance revenue of EUR 9.5-9.8 bln

Sampo projects 2026 underwriting result of EUR 1,485-1,600 mln

Company sees stable conditions with digital adoption increasing

Result Drivers

DIGITAL SALES GROWTH - Sampo reported a 15% increase in digital sales in the Nordic region, contributing to overall growth

NORWAY MARKET CONDITIONS - Norway stood out with growth of 16% in Nordic Private and 13% in Nordic Commercial due to supportive market conditions

UNDERWRITING DISCIPLINE - Sampo maintained underwriting discipline and cost efficiency, contributing to a 12% increase in the underwriting result

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
EUR 0.20
Q4 Net Income
EUR 538 mln
Q4 Combined Ratio
84.30%
Q4 Pretax Profit
EUR 668 mln
Q4 Underwriting Profit
EUR 364 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy."

Wall Street's median 12-month price target for Sampo Oyj is €10.35, about 7.4% above its February 4 closing price of €9.64

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNE3QWq7j

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(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.)