Brief: Topdanmark Q1 Profit After Tax Up At DKK 377 Mln

Topdanmark A/S

16/04/2024 07:14

April 16 (Reuters) - Topdanmark A/S  TOP.CO :
    * Q1 PROFIT AFTER TAX OF DKK 377M (Q1 2023: DKK 373M)
    * Q1 COMBINED RATIO: 84.8 (Q1 2023: 83.6)
    * HIGHER INSURANCE SERVICE RESULT IS DRIVEN BY TIGHT COST
CONTROL
AND A SOUND RUN-OFF RESULT
    * OVERALL POST-TAX PROFIT ACCORDING TO PROFIT FORECAST MODEL
FOR
2024 IS DKK 1,250-1,525M, OPERATIONAL EPS OF DKK 14.8-17.8
    * 2024  TAX CHARGE ON CONTINUING  OPERATIONS IS EXPECTED TO
BE DKK
465-565M
    * UNDERLYING CLAIMS RATIO IN Q1 ROSE BY 2.2PP TO 69.0


Further company coverage:  TOP.CO 

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