Edition:
India

Alm. Brand Q3 Pre-Tax Profit Falls To DKK 230 Million


Thursday, 15 Nov 2018 

Nov 15 (Reuters) - ALM. Brand A/S ::REG-ALM. BRAND - INTERIM REPORT 9M 2018.FULL-YEAR GUIDANCE IS RAISED FROM A PROFIT OF DKK 600-700 MILLION TO A PROFIT OF DKK 700-750 MILLION..GENERATED A HIGHLY SATISFACTORY PRE-TAX PROFIT OF DKK 640 MILLION IN 9M 2018.PRE-TAX PROFIT OF DKK 640 MILLION IN 9M 2018..GROUP'S CONSOLIDATED PRE-TAX PROFIT FOR 2019 IS EXPECTED TO BE IN DKK 500-600 MILLION RANGE.Q3 TOTAL INCOME DKK 2.05 BILLION VERSUS DKK 1.90 BILLION YEAR AGO.Q3 PRE-TAX PROFIT DKK 230 MILLION VERSUS DKK 345 MILLION YEAR AGO.Q3 COMBINED RATIO WAS 85 PERCENT.GUIDANCE FOR NON-LIFE INSURANCE IS LIFTED BY DKK 60 MILLION..GUIDANCE FOR LIFE INSURANCE AND BANKING IS LIFTED BY DKK 10 MILLION EACH.GUIDANCE FOR NON-LIFE INSURANCE IS LIFTED BY DKK 60 MILLION.GUIDANCE FOR LIFE INSURANCE AND BANKING IS LIFTED BY DKK 10 MILLION EACH, WHILE GUIDANCE FOR OTHER ACTIVITIES IS MAINTAINED. 

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