Raised guidance, better-than-feared Q1 boost Sampo shares

Sampo Oyj

07/05/2025 08:41

** Shares in Finnish insurer Sampo SAMPO.HE rise around 4% after it posted a smaller-than-expected drop in Q1 profit and raised 2025 guidance

** Its Q1 PBT falls 19% to 377 million euros ($428 million), sitting above 350 million euros in Vara Research poll

** "Overall, it is difficult to find weaknesses in the report and we see moderate upward pressure on our forecasts," Inderes analyst Sauli Vilen says

** Sampo now sees 2025 group insurance revenue of between 8.8-9.1 billion euros (prev.: 8.7-9.0 billion euros), and group underwriting results of between 1.40-1.50 billion euros (prev.: 1.35-1.45 billion euros)

($1 = 0.8799 euros)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))