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ALM. Brand A/S (ALMB.CO)

ALMB.CO on Copenhagen Stock Exchange

65.60DKK
10:59am EDT
Change (% chg)

kr.0.10 (+0.15%)
Prev Close
kr.65.50
Open
kr.65.40
Day's High
kr.65.90
Day's Low
kr.65.40
Volume
111,307
Avg. Vol
226,376
52-wk High
kr.82.30
52-wk Low
kr.58.50

Latest Key Developments (Source: Significant Developments)

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

Alm. Brand Q2 pre-tax profit up at DKK 249 million
Thursday, 25 Aug 2016 02:30am EDT 

Alm. Brand A/S : Q2 pre-tax profit 249 million Danish crowns ($37.71 million) versus 98 million crowns year ago . Q2 total income 1.87 billion crowns versus 1.87 billion crowns year ago . Outlook for group's forward-looking activities is lifted by 75 million crowns, comprising upgraded guidance of 100 million crowns and 15 million crowns for non-life insurance and life and pension . Full-Year guidance is raised by 100 million crowns to a pre-tax profit of 700-800 million crowns . Outlook for the bank’s forward-looking activities is lowered by 20 million crowns .Guidance for the bank’s winding-up activities is raised by 25 million crowns to a loss of 25-50 million crowns.  Full Article

BRIEF-Alm. Brand Q4 Pre-Tax Profit at DKK 135 mln

* ‍POSTED A FULL-YEAR PROFIT OF DKK 1,023 MILLION BEFORE TAX​