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Topdanmark A/S (TOP.CO)

TOP.CO on Copenhagen Stock Exchange

282.20DKK
8:29pm IST
Change (% chg)

kr.2.00 (+0.71%)
Prev Close
kr.280.20
Open
kr.280.00
Day's High
kr.282.60
Day's Low
kr.280.00
Volume
142,445
Avg. Vol
146,661
52-wk High
kr.313.40
52-wk Low
kr.203.30

Latest Key Developments (Source: Significant Developments)

Topdanmark Q1 Net Profit At DKK 267 Million
Monday, 23 Apr 2018 

April 23 (Reuters) - TOPDANMARK A/S ::REG-TOPDANMARK INTERIM REPORT FOR Q1 2018.Q1 NET PROFIT DKK 267 MILLION (REUTERS POLL DKK 295 MILLION).ASSUMED COMBINED RATIO FOR 2018 IMPROVED FROM 90-91 TO 88-89, EXCLUDING. RUN-OFF PROFITS IN Q2-Q4 2018 STILL INCL..POST-TAX PROFIT FORECAST MODEL FOR 2018 IS UPGRADED FROM DKK 950-1,050M TO DKK 1,050-1,150M, EXCLUDING RUN-OFF IN Q2-Q4 2018.ASSUMED COMBINED RATIO FOR 2018 IMPROVED FROM 90-91 TO 88-89, EXCLUDING. RUN-OFF PROFITS IN Q2-Q4 2018 STILL INCL. ADDITIONAL EXPENSES OF 0.5-1PP DUE TO THE INVESTMENT IN INCREASED DIGITALISATION AND AUTOMATION.A CONTINUED POSITIVE GROWTH IN PREMIUMS IS ASSUMED IN NON-LIFE INSURANCE FOR 2018.Q1 PRE-TAX PROFIT DKK 344 MILLION (REUTERS POLL DKK 379 MILLION).Q1 COMBINED RATIO 85.2 PERCENT (REUTERS POLL 86.4 PERCENT).  Full Article

Topdanmark Appoints New CEO
Monday, 5 Feb 2018 

Feb 5 (Reuters) - TOPDANMARK A/S ::PETER HERMANN HAS BEEN APPOINTED NEW CEO OF TOPDANMARK.TOPDANMARK - CHRISTIAN SAGILD RESIGNED AS CEO OF TOPDANMARK EFFECTIVE OF 1 JANUARY 2018.  Full Article

Topdanmark Appoints Lars Thykier Acting CEO
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - TOPDANMARK ::LARS THYKIER IS ACTING CEO OF TOPDANMARK.‍LARS THYKIER WILL BE ACTING CEO OF TOPDANMARK AND WILL STILL BE CFO​.  Full Article

Topdanmark Q3 post-tax profit down at DKK 464 mln​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - TOPDANMARK ::‍FOR 2018, TOPDANMARK ASSUMES POSITIVE PREMIUM GROWTH AND A COMBINED RATIO OF 90-91 EXCLUDING RUN-OFF​.‍AS STATED IN ANNOUNCEMENT 26/2017, ASSUMED COMBINED RATIO FOR 2017 WAS REDUCED FROM AROUND 87 TO AROUND 85​.Q3 POST-TAX PROFIT DKK 464 ‍​MILLION VERSUS DKK 528 MILLION YEAR AGO.AS STATED IN ANNOUNCEMENT 26/2017, POST-TAX PROFIT FORECAST MODEL FOR 2017 IS UPGRADED BY DKK 250M TO DKK 1,500-1,600M​.Q3 ‍2017 COMBINED RATIO: 82.0 (Q3 2016: 83.4)​.Q3 PRE-TAX PROFIT DKK 594 MILLION VERSUS DKK 656 MILLION YEAR AGO.  Full Article

Topdanmark upgrades its earnings forecast for 2017
Monday, 16 Oct 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​.  Full Article

Topdanmark: board does not recommend shareholders to accept Sampo's bid
Friday, 7 Oct 2016 

Topdanmark A/S : Board of directors does not recommend shareholders to accept mandatory offer by Sampo Plc .In opinion of board of directors, offer price does not represent an attractive offer price.  Full Article

Topdanmark Q2 post-tax profit DKK 430 million, above estimates
Tuesday, 16 Aug 2016 

Topdanmark A/S : Q2 combined ratio 86.2 percent (Reuters poll 84.3 percent) . Q2 post-tax profit 430 million Danish crowns ($65.16 million) (Reuters poll 349 million crowns) . Assumed combined ratio for 2016 remained around 89, excluding run-off in H2 2016 . Post-Tax profit forecast model for 2016 has been adjusted from 900-1,000 million crowns to 1,000-1,100 million crowns, excluding run-off in H2 2016, representing eps of 11.5 crowns .Negative growth in non-life premiums in 2016 still assumed Link to Reuters Poll: [ID:nL8N1AW1EG].  Full Article

Finland's Sampo Q2 pretax profit falls 10 pct y/y
Wednesday, 10 Aug 2016 

Sampo Oyj : Group's profit before taxes for Q2 2016 amounted to EUR 477 million (528) . Q2 combined ratio in P&C insurance amounted to 84.5 percent (80.9) . Lifts 2016 P&C technical result forecast, now expects combined ratio of 87-90 percent (88-91 pct previously) . Reuters poll expected pretax profit of 481 mln euros, P&C combined ratio of 85.4 pct .Company says continuing low interest rate level creates a challenging environment for reinvestment in fixed income instruments.  Full Article

BRIEF-Topdanmark Q4 Pre-Tax Profit DKK 533 mln‍​

* Q4 PRE-TAX PROFIT DKK 533‍​ MILLION (REUTERS POLL DKK 445 MILLION)