Edition:
India

Alm. Brand Q4 Pre-Tax Profit Down At DKK 84 Million


Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - ALM. Brand A/S ::REG-ALM. BRAND - PRELIMINARY STATEMENT OF FINANCIAL RESULTS FOR 2018.BOARD OF DIRECTORS RECOMMENDS PAYMENT OF AN ORDINARY DIVIDEND OF DKK 1.50 PER SHARE.ALM. BRAND EXPECTS TO REPORT A PRE-TAX PROFIT OF DKK 500-600 MILLION IN 2019.Q4 TOTAL INCOME DKK 2.17 BILLION VERSUS DKK 2.02 BILLION YEAR AGO.Q4 PRE-TAX PROFIT DKK 84 MILLION VERSUS DKK 135 MILLION YEAR AGO.2019 COMBINED RATIO FOR GROUP'S INSURANCE ACTIVITIES IS EXPECTED TO BE IN REGION OF 91-92.OUTLOOK IS EXCLUSIVE OF RUN-OFF GAINS.SHARE BUYBACK PROGRAMME OF UP TO DKK 200 MILLION WILL BE INITIATED, WHICH IS EXPECTED TO RUN UNTIL END-MARCH 2020. 

Company Quote

60.75
-0.3 -0.49%
8:29pm IST