Sweden's Solid Försäkring Q2 profit rises 24%

Solid FAB

17/07/2026 06:38

Overview
Sweden non-life insurer's Q2 profit rose 24% yr/yr, with EPS up to SEK 2.53
Gross written premiums for Q2 increased slightly from a year earlier
Combined ratio improved to 89.1% and technical result rose for the quarter

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
COMBINED RATIO IMPROVEMENT - Co said improved combined ratio contributed to higher profitability in Q2
ASSET MANAGEMENT RESULT - Co reported higher result of asset management, supporting profit growth

Company press release: ID:nMFN8rFzc1

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Gross Written Premiums
 
SEK 248.98 mln
 
Q2 Basic EPS
 
SEK 2.53
 
Q2 Combined Ratio
 
89.10%
 
Q2 Technical Result
 
SEK 32.59 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the multiline insurance & brokers peer group is "buy"
Wall Street's median 12-month price target for Solid FAB is SEK115.00, about 19.7% above its July 16 closing price of SEK96.10
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

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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.)