Earnings Poll: Topdanmark Q1 profit seen up 12 percent
23/04/2019 09:44
* Topdanmark first-quarter results
* Due on Thursday, April 25
* Q1 pretax profit seen at DKK 341 million
April 23 - Following is a table of forecasts for Danish
insurer Topdanmark TOP.CO first-quarter results, according to
a poll of analysts.
All figures in millions of DKK, except EPS and Dividend per
share which are in DKK.
2019:Q1 Cha
Mean Median High Lo No Yr nge% Prev
w Ago .Q
- Premiums 2,312 2,303 2,35 2,2 6 2,2 1.69 2,24
earned, 4 86 73 9
Non-life
Technical 321 317 356 298 6 336 -4.4 411
result 1
(non-life)
Investment -48.0 -38.5 27.0 -15 6 -44 -9.0 -157
income (net) 0 .0 9
Pretax Profit 341 351 417 210 6 344 -0.9 331
2
- Non-life 273 278 362 148 6 291 -6.0 256
insurance 7
- Life 59.8 53.0 99.0 45. 6 44. 35.9 45.0
insurance 0 0 8
- Parent 7.67 10.0 12.0 -7. 6 9.0 -14. 30.0
company etc 00 0 81
Profit (group) 299 306 439 164 6 267 12.0 259
5
EPS 3.46 3.54 5.08 1.9 6 3.1 11.6 3.00
0 0 7
Combined Ratio 86.1 86.3 86.9 84. 6 85. 1.02 81.7
8 2
Shareholders 6,314 6,314 6,34 6,2 2 6,8 -7.6 6,01
equity 1 86 35 3 6
2019 Yr Chang
Mean Median High Low No Ago e%
- Premiums 9,30 9,253 9,59 9,22 7 9,135 1.88
earned, 7 0 2
Non-life
Technical 1,37 1,388 1,43 1,29 7 1,499 -8.3
result 5 9 9
(non-life)
Investment 126 140 191 64.0 7 -85.0 n/a
income (net)
Pretax Profit 1,77 1,777 1,86 1,66 7 1,702 4.01
0 1 3
- Non-life 1,50 1,526 1,58 1,38 7 1,420 5.76
insurance 2 6 5
- Life 226 224 257 208 7 228 -0.94
insurance
- Parent 42.6 44.0 54.0 27.0 7 54.0 -21.16
company etc
Profit (group) 1,38 1,386 1,49 1,29 7 1,331 4.22
7 6 7
EPS 16.1 16.0 17.3 15.0 7 15.4 4.22
Dividend per 15.4 15.6 16.3 13.5 7 15.0 2.75
share
Combined Ratio 85.2 85.0 85.6 84.7 7 83.6 1.9
Shareholders 6,13 6,141 6,19 6,08 4 6,016 2.05
equity 9 4 1
2020
Mean Median High Low No
- Premiums 9,463 9,337 10,074 9,240 7
earned,
Non-life
Technical 1,403 1,400 1,499 1,284 7
result
(non-life)
Investment 158 147 226 117 7
income (net)
Pretax Profit 1,832 1,830 1,951 1,747 7
- Non-life 1,561 1,542 1,650 1,464 7
insurance
- Life 228 224 249 207 7
insurance
- Parent 42.4 45.0 51.0 27.0 7
company etc
Profit (group) 1,429 1,427 1,522 1,362 7
EPS 16.5 16.5 17.6 15.8 7
Dividend per 16.0 16.1 16.9 15.0 7
share
Combined Ratio 85.2 85.3 86.1 84.1 7
Shareholders 6,310 6,316 6,413 6,196 4
equity
2021
Mean Median High Low No
- Premiums 9,627 9,534 10,276 9,303 6
earned,
Non-life
Technical 1,451 1,476 1,505 1,310 6
result
(non-life)
Investment 158 149 240 114 6
income (net)
Pretax Profit 1,887 1,894 1,967 1,800 6
- Non-life 1,609 1,612 1,662 1,549 6
insurance
- Life 235 228 253 224 6
insurance
- Parent 42.5 47.5 52.0 27.0 6
company etc
Profit (group) 1,472 1,478 1,534 1,404 6
EPS 17.0 17.1 17.8 16.2 6
Dividend per 16.4 16.6 17.2 15.3 6
share
Combined Ratio 84.9 85.1 86.0 84.1 6
Shareholders 6,469 6,477 6,621 6,300 4
equity
ANALYST RECOMMENDATIONS
Of the 5 analysts who disclosed their recommendation on the
Topdanmark stock, 2 answered Neutral and 3 Negative.
- The following brokerages and investment banks participated in
the poll:
Firm Outlook
Barclays Capital Hold
DNB Markets Hold
HSBC Sell
Anonymous Underweight
Handelsbanken Capital Sell
Markets
Estimates were collected from 2019-04-03 to 2019-04-18
Data provided by Infront Data (www.consensusestimates.com)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))
Recent news on Topdanmark A/S
See all newsBrief: Last Day Of Trading In Topdanmark Expected To Be Oct 18
Brief: Sampo Announces Final Result Of Exchange Offer Of Topdanmark
Brief: Sampo Says Co Would Together With Its Current Topdanmark Holding, As A Result Of Offer Hold Approximately 92.6 Per Cent Of Shares In Topdanmark
Brief: Topdanmark BOD Unanimously Recommends Sampo's Exchange Offer
Brief: Topdanmark Slashes Profit Forecast For 2024