Brief: Tryg Q3 Pretax Profit At DKK 2,123 Million
BRIEF-Tryg Q3 Pretax Profit At DKK 2,123 Million Oct 9 (Reuters) - Tryg A/S TRYG.CO:
Q3 PRETAX PROFIT DKK 2,123 MILLION
Q3 COMBINED RATIO 76.8%
ORDINARY DIVIDEND OF DKK 2.15 (DKK 2.05) PER SHARE FOR YEAR IS AN INCREASE OF AROUND 5% FROM PREVIOUS YEAR.
TARGETS AN INSURANCE SERVICE RESULT OF DKK 8.0-8.4BN IN 2027
RETURN ON OWN FUNDS IS TARGETED AT BETWEEN 35% AND 40% IN 2027
Q3 INSURANCE REVENUE GROWTH OF 4.1% IN DKK, OR 2.3% IN LOCAL CURRENCIES (3.4% IN LOCAL CURRENCIES)
TARGETING A RETURN ON OWN FUNDS (ROOF) OF BETWEEN 35% AND 40%.
Q3 INVESTMENT RESULT OF DKK 42M (DKK 177M)
INSURANCE SERVICE RESULT IS ANTICIPATED TO GROW BY DKK 1BN FROM THE NORMALISED 2024 LEVEL TO 2027
REVENUE GROWTH IN 2026 IS EXPECTED TO COME PRIMARILY FROM THE RETAIL PORTFOLIOS (PRIVATE & COMMERCIAL)
REVENUE GROWTH MEASURED IN LOCAL CURRENCIES IS EXPECTED TO BE HIGHER IN 2027.
IN 2026, OTHER INCOME AND COSTS ARE EXPECTED TO BE BETWEEN DKK -1.4 AND DKK -1.5BN
Source text: ID:nGNE58Slt9
Further company coverage: TRYG.CO
(Gdansk Newsroom)
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