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Topdanmark A/S (TOP.CO)

TOP.CO on Copenhagen Stock Exchange

336.20DKK
19 Sep 2019
Change (% chg)

kr.-1.00 (-0.30%)
Prev Close
kr.337.20
Open
kr.337.20
Day's High
kr.339.00
Day's Low
kr.335.40
Volume
52,137
Avg. Vol
94,454
52-wk High
kr.385.80
52-wk Low
kr.271.40

Latest Key Developments (Source: Significant Developments)

Topdanmark Q2 Post-Tax Profit Up At DKK 391 Million
Thursday, 18 Jul 2019 

July 18 (Reuters) - Topdanmark A/S ::REG-TOPDANMARK HALF-YEAR REPORT FOR 2019.REG-TOPDANMARK HALF-YEAR REPORT FOR 2019.H1 POST-TAX PROFIT OF DKK 831M (H1 2018: DKK 613M).H1 EPS WAS DKK 9.5 (H1 2018: DKK 7.1).H1 COMBINED RATIO: 80.7 (H1 2018: 85.5).Q2 POST-TAX PROFIT OF DKK 391M (Q2 2018: 345M).Q2 COMBINED RATIO: 81.4 (Q2 2018: 85.9).Q2 EPS WAS DKK 4.5 (Q2 2018: 4.0).FORECAST 2019: ASSUMED PREMIUM GROWTH FOR NON-LIFE INSURANCE CONTINUES TO BE HIGHER THAN THE GROWTH OF 1.7% IN 2018.PROFIT FORECAST MODEL FOR 2019: ASSUMED COMBINED RATIO FOR 2019 IMPROVED FROM 86-87 TO 85-86, EXCLUDING. RUN-OFF IN H2 2019.POST-TAX PROFIT FORECAST MODEL FOR 2019 IS UNCHANGED DKK 1,250-1,350M, EXCLUDING. RUN-OFF IN H2 2019..  Full Article

Topdanmark Chairman Does Not Stand For Re-Election
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Topdanmark A/S ::TORBJÖRN MAGNUSSON, CHAIRMAN OF BOARD OF DIRECTORS IN TOPDANMARK, HAS ANNOUNCED ON THIS DAY THAT HE DOES NOT STAND FOR RE-ELECTION AT COMPANY'S AGM.IT IS EXPECTED THAT BOARD OF DIRECTORS SHALL ELECT RICARD WENNERKLINT AS CHAIRMAN.  Full Article

Topdanmark Q4 Pre-Tax Profit DKK 533 mln‍​
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - TOPDANMARK ::ANNUAL REPORT 2017.Q4 PRE-TAX PROFIT DKK 533‍​ MILLION (REUTERS POLL DKK 445 MILLION).Q4 NET PROFIT DKK 379 MILLION (REUTERS POLL DKK 350 MILLION).WILL RECOMMEND TO AGM THAT DIVIDEND OF DKK 1,710M BE DISTRIBUTED FOR 2017 REPRESENTING DKK 19 PER SHARE ISSUED.‍​.Q4 COMBINED RATIO 82.1‍​ PERCENT (REUTERS POLL 86.3 PERCENT).THE POST-TAX PROFIT FORECAST MODEL FOR 2018: DKK 950- 1,050M EXCLUDING RUN-OFF‍​.ASSUMED COMBINED RATIO FOR 2018 REMAINS UNCHANGED AT 90-91 EXCLUDING RUN-OFF AND INCLUDING ADDITIONAL EXPENSES OF 0.5 TO 1PP‍​.  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

Sampo consolidates Topdanmark as subsidiary in financial reporting
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Sampo Oyj :Says consolidates Topdanmark as a subsidiary as of September 30, 2017, in its financial reporting in accordance with IFRS.Says this implies no other change in the relationship between Sampo Group and Topdanmark.  Full Article

UPDATE 2-Finnish insurer Sampo eyes new Nordic investments

HELSINKI, Aug 7 Finnish insurance group Sampo could increase investment across the Nordic financial sector with surplus capital after reducing its stake in regional bank Nordea, its chief executive said.