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ALM. Brand A/S (ALMB.CO)

ALMB.CO on Copenhagen Stock Exchange

58.80DKK
11:59am EDT
Change (% chg)

kr.0.10 (+0.17%)
Prev Close
kr.58.70
Open
kr.58.70
Day's High
kr.58.80
Day's Low
kr.57.70
Volume
172,141
Avg. Vol
148,142
52-wk High
kr.68.50
52-wk Low
kr.47.15

Latest Key Developments (Source: Significant Developments)

Alm. Brand CEO Sold On March 1 Total Of 21,627 Shares In Co
Monday, 4 Mar 2019 05:56am EST 

March 4 (Reuters) - ALM. Brand A/S ::CEO SØREN BOE MORTENSEN SOLD ON MARCH 1 TOTAL OF 21,627 SHARES IN ALM. BRAND FOR DKK 1,222,855.46.  Full Article

Alm. Brand Q4 Pre-Tax Profit At DKK 84 Mln
Wednesday, 27 Feb 2019 02:29am EST 

Feb 27 (Reuters) - ALM. Brand A/S ::REG-ALM. BRAND - ANNUAL REPORT 2018.REG-ALM. BRAND - ANNUAL REPORT 2018.FY TOTAL INCOME DKK 8.61 BILLION VERSUS DKK 7.77 BILLION YEAR AGO.2019 OUTLOOK: EXPECTATIONS FOR A CONSOLIDATED PROFIT IN THE RANGE OF DKK 500-600 MILLION BEFORE TAX ARE MAINTAINED..PROFIT FORECAST FOR 2019 IS IMPACTED BY CONTINUED INVESTMENTS IN DIGITALISATION AND GROWTH IN ALL BUSINESS AREAS.FY PROFIT BEFORE TAX DKK 675 MILLION VERSUS DKK 1.02 BILLION YEAR AGO.OUTLOOK 2019: THE GROUP’S NON-LIFE OPERATIONS ARE EXPECTED TO GENERATE PRE-TAX PROFIT OF DKK 475 MILLION IN 2019.OUTLOOK 2019: THE COMBINED RATIO IS EXPECTED TO BE 91- 92.OUTLOOK 2019: FULL-YEAR PREMIUM GROWTH IS EXPECTED TO BE AT THE LEVEL OF 2-3%.Q4 TOTAL INCOME DKK 2.17 BILLION, Q4 PRE-TAX PROFIT DKK 84 MILLION.ALM. BRAND A- RECOMMENDS PAYMENT OF ORDINARY DIVIDEND OF DKK 1.50 PER SHARE, EXTRAORDINARY DIVIDEND OF DKK 1.50 PER SHARE.  Full Article

Alm. Brand Q4 Pre-Tax Profit Down At DKK 84 Million
Tuesday, 5 Feb 2019 02:39am EST 

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.  Full Article

Alm. Brand Q2 Pre-Tax Profit Down At DKK 138 Million
Thursday, 23 Aug 2018 02:29am EDT 

Aug 23 (Reuters) - ALM. Brand A/S ::REG-ALM. BRAND A/S - INTERIM REPORT FOR H1 2018.FULL-YEAR GUIDANCE IS UPGRADED BY DKK 100 MILLION TO A CONSOLIDATED PRE-TAX PROFIT OF DKK 600-700 MILLION.GUIDANCE FOR BANK AND GROUP'S OTHER ACTIVITIES IS UNCHANGED..Q2 GROSS PREMIUM INCOME AMOUNTED TO DKK 1,317 MILLION, UP 2.9% ON YEAR-EARLIER PERIOD.Q2 PRE-TAX PROFIT DKK 138 MILLION VERSUS DKK 271 MILLION YEAR AGO.  Full Article

ALM. Brand Adds Kristian Hjort-Madsen To Senior Management Team
Thursday, 28 Jun 2018 08:56am EDT 

June 28 (Reuters) - ALM. Brand A/S ::APPOINTED KRISTIAN HJORT-MADSEN AS ITS NEW DIRECTOR OF DIGITALISATION, IT AND INNOVATION.HJORT-MADSEN WILL ALSO BECOME A MEMBER OF GROUP'S SENIOR MANAGEMENT AND TAKE UP POSITION ON 1 NOV.  Full Article

Alm. Brand Q1 Total Income Rises To DKK 2.16 Billion
Thursday, 17 May 2018 02:36am EDT 

May 17 (Reuters) - ALM. Brand A/S ::REG-ALM. BRAND A/S – INTERIM REPORT FOR Q1 2018.FULL-YEAR GUIDANCE FOR 2018 IS LIFTED BY DKK 50 MILLION TO A PRE-TAX PROFIT OF DKK 500-600 MILLION.ALM. BRAND GENERATED A HIGHLY SATISFACTORY PRE-TAX PROFIT OF DKK 223 MILLION IN Q1 2018..OVERALL GUIDANCE FOR GROUP TAKES INTO ACCOUNT A DKK 70 MILLION NEGATIVE EFFECT FROM A POTENTIAL REDUCTION OF VA PREMIUM..GUIDANCE FOR NON-LIFE INSURANCE IS LIFTED BY DKK 100 MILLION TO A PROFIT OF DKK 540 MILLION.GUIDANCE FOR BANK AND GROUP'S OTHER ACTIVITIES IS UNCHANGED..GUIDANCE FOR LIFE INSURANCE IS LIFTED BY DKK 10 MILLION TO A PROFIT OF DKK 80 MILLION.Q1 TOTAL INCOME DKK 2.16 BILLION VERSUS DKK 1.98 BILLION YEAR AGO.  Full Article

Alm. Brand: Expected Profit For 2017, Dividend And Buyback Programme
Monday, 5 Feb 2018 02:33am EST 

Feb 5 (Reuters) - Alm. Brand A/S ::: EXPECTED PROFIT FOR 2017, DIVIDEND AND BUYBACK PROGRAMME.‍EXPECTS TO REPORT A FULL-YEAR PROFIT OF ABOUT DKK 1,020 MILLION​.BOARD OF DIRECTORS IS EXPECTED TO RECOMMEND A TOTAL DISTRIBUTION TO SHAREHOLDERS OF ABOUT DKK 700 MILLION.INSURANCE ACTIVITIES ARE EXPECTED TO REPORT A PROFIT OF ABOUT DKK 915 MILLION.‍RUN-OFF GAINS FOR Q4 ARE EXPECTED TO BE LOWER THAN IN SAME PERIOD OF 2016​.PROFIT FOR 2018, INCLUDING ACTIVITIES ACQUIRED FROM SAXO , IS EXPECTED TO BE UNCHANGED RELATIVE TO 2017.‍PROFIT FOR 2018, INCLUDING ACTIVITIES ACQUIRED FROM SAXO PRIVATBANK, IS EXPECTED TO BE UNCHANGED RELATIVE TO 2017​.‍IS EXPECTED TO RECOMMEND SHARE BUYBACK OF UP TO DKK 200 MILLION IN 2018.​.  Full Article

Alm.Brand To Acquire Activities Of Saxo Privatbank A/S
Monday, 5 Feb 2018 02:26am EST 

Feb 5 (Reuters) - ALM. BRAND A/S ::ALM. BRAND TO ACQUIRE ACTIVITIES OF SAXO PRIVATBANK A/S.ACQUISITION WILL INCREASE ALM. BRAND BANK'S BUSINESS VOLUME BY ABOUT 50%.ACQUISITION IS EXPECTED TO BE COMPLETED ON 1 APRIL 2018.‍EXPECTS TO SIGNIFICANTLY IMPROVE ITS EARNINGS ONCE INTEGRATION WITH ITS CURRENT ACTIVITIES HAS BEEN COMPLETED​.SELLER OF ACTIVITIES IS SAXO PRIVATBANK A/S, A WHOLLY-OWNED SUBSIDIARY OF SAXO BANK A/S.‍ACQUISITION OF ACTIVITIES OF SAXO PRIVATBANK A/S WAS MADE ON 5 FEBRUARY 2018 WITH EXPECTED TAKEOVER ON 1 APRIL 2018​.‍TOTAL SYNERGIES AND HENCE CONTRIBUTIONS FROM ACQUIRED ACTIVITIES ARE EXPECTED TO AMOUNT TO SOME DKK 75 MILLION ANNUALLY​.ACQUISITION IS SUBJECT TO APPROVAL BY DANISH FINANCIAL SUPERVISORY AUTHORITY AND DANISH COMPETITION AND CONSUMER AUTHORITY.  Full Article

ALM. Brand pre-tax profit rises to DKK 345 mln
Wednesday, 15 Nov 2017 02:28am EST 

Nov 15 (Reuters) - ALM. BRAND A/S ::‍FULL-YEAR GUIDANCE IS UPGRADED BY DKK 250 MILLION TO A CONSOLIDATED PRE-TAX PROFIT OF DKK 950-1,050 MILLION​.‍GUIDANCE FOR NON-LIFE INSURANCE IS LIFTED BY DKK 200 MILLION.​.‍GUIDANCE FOR BANKING AND PENSION IS LIFTED BY DKK 10 MILLION EACH​.‍GROUP'S CONSOLIDATED PROFIT FOR 2018 IS EXPECTED TO BE IN DKK 450-550 MILLION RANGE​.Q3 TOTAL INCOME DKK 1.90‍​ BILLION VERSUS DKK 1.81 BILLION YEAR AGO.Q3 PRE-TAX PROFIT DKK 345‍​ MILLION VERSUS DKK 334 MILLION YEAR AGO.  Full Article