Brief: Tryg Q4 Insurance Revenue At DKK 9,734 Mln

Tryg A/S

23/01/2025 06:35

Jan 23 (Reuters) - Tryg A/S  TRYG.CO :
    * Q4 INSURANCE REVENUE DKK  9,734  MILLION (COMPANY COMPILED
CONSENSUS DKK 9,757 MILLION)
    * TARGETS INSURANCE SERVICE RESULT OF DKK 8.0-8.4BN IN 2027
DRIVEN
BY COMBINED RATIO OF AROUND 81%
    * RETURN ON OWN FUNDS IS TARGETED BETWEEN 35% AND 40% IN
2027
    * SAYS 2024 WAS A YEAR OF SATISFACTORY RESULTS WITH ALL
FINANCIAL
TARGETS MET
    * LONGER TERM EXPECTS MORE BALANCED GROWTH ACHIEVED THROUGH
FOCUS
ON CROSSSELLING, UP-SELLING TO EXISTING CUSTOMERS, ACQUIRING NEW
CUSTOMERS
    * EXPECTS LARGE CLAIMS TO BE  EVENLY DISTRIBUTED ACROSS
QUARTERS,
WITH EXPECTED ANNUAL LEVEL OF DKK 800M
    * EXPECTS OTHER INCOME AND COSTS BETWEEN NEGATIVE DKK 1.4
AND DKK
1.5BN IN 2025

Source text:  ID:nGNEbKvxJ9 
Further company coverage:  TRYG.CO 

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