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BRIEF-Topdanmark upgrades its earnings forecast for 2017
October 16, 2017 / 6:11 AM / a month ago

BRIEF-Topdanmark upgrades its earnings forecast for 2017

Oct 16 (Reuters) - TOPDANMARK A/S:

* TOPDANMARK UPGRADES ITS EARNINGS FORECAST FOR 2017

* ‍POST-TAX PROFIT FORECAST MODEL FOR 2017 IS UPGRADED BY DKK 250M TO DKK 1.5 - 1.6BN EXCLUDING. RUN-OFF FOR Q4 2017​

* TOPDANMARK - ‍UPGRADE IS PRIMARILY DUE TO RECOGNITION OF RUN-OFF PROFITS, HIGHER FINANCIAL RETURNS AND A MORE FAVOURABLE LEVEL OF WEATHER-RELATED CLAIMS THAN ASSUMED​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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