Sampo jumps after Q4 profit beat

Sampo Oyj

06/02/2025 09:31

** Shares in Sampo  SAMPO.HE  rise 4.5% after the Finnish
insurer's Q4 profit beats forecasts helped by long-term
investments and strong performance in the UK 
    ** Q4 pre-tax profit was EUR 219 million ($227 million),
above the EUR 186 million seen by analysts in a Vara poll 
    ** "Strong end to the year," J.P.Morgan says, though it adds
Sampo's 2025 underwriting income guidance "limits the potential
for positive underwriting surprise"
    ** Sampo guides for 2025 underwriting profit of EUR
1.35-1.45 billion, while Vara consensus sees it at 1.46 billion
    ** Jefferies analysts say the Q4 result is "reassuringly
better than expected", with financial result at Sampo's UK unit
Hastings "surprisingly high"
    ** The stock is among the top performers on the pan-European
STOXX 600 index  .STOXX 
($1 = 0.9653 euros)

 (Reporting by Marta Frąckowiak)
 ((marta.frackowiak@thomsonreuters.com))