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ALM. Brand A/S (ALMB.CO)

ALMB.CO on Copenhagen Stock Exchange

54.40DKK
4:30am EDT
Change (% chg)

kr.0.30 (+0.55%)
Prev Close
kr.54.10
Open
kr.54.10
Day's High
kr.54.40
Day's Low
kr.54.10
Volume
23,986
Avg. Vol
222,072
52-wk High
kr.82.30
52-wk Low
kr.49.85

Latest Key Developments (Source: Significant Developments)

Alm. Brand Q4 Pre-Tax Profit at DKK 135 mln
Wednesday, 28 Feb 2018 02:27am EST 

Feb 28 (Reuters) - ALM. BRAND A/S ::ALM. BRAND – ANNUAL REPORT 2017.‍POSTED A FULL-YEAR PROFIT OF DKK 1,023 MILLION BEFORE TAX​.BOARD OF DIRECTORS RECOMMENDS DISTRIBUTION OF AN ORDINARY DIVIDEND OF DKK 1.50 PER SHARE.‍RECOMMENDS A DISTRIBUTION OF UP TO DKK 680 MILLION TO SHAREHOLDERS BY WAY OF DIVIDEND AND SHARE BUYBACKS​.‍GUIDANCE FOR A PRE-TAX PROFIT OF DKK 450-550 MILLION FOR 2018 IS MAINTAINED​.‍RECOMMENDS DISTRIBUTION OF AN ORDINARY DIVIDEND OF DKK 1.50 PER SHARE​.‍EXTRAORDINARY DIVIDEND OF DKK 1.50 PER SHARE WILL BE PAID.​.‍NEW SHARE BUYBACK PROGRAMME OF UP TO DKK 200 MILLION WILL BE INITIATED​.BUYBACK ‍IS EXPECTED TO RUN UNTIL END-MARCH 2019​.Q4 TOTAL INCOME DKK 2.02 ‍​ BILLION.Q4 PRE-TAX PROFIT DKK ‍​135 MILLION.  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 rises to DKK 271 million
Thursday, 24 Aug 2017 02:27am EDT 

Aug 24 (Reuters) - ALM. BRAND A/S :GUIDANCE FOR FY2017 IS LIFTED BY DKK 100 MILLION TO DKK 700-800 MILLION..ALM. BRAND GENERATED A HIGHLY SATISFACTORY PRE-TAX PROFIT OF DKK 543 MILLION IN H1 2017.Q2 PRE-TAX PROFIT DKK 271 MILLION VERSUS DKK 249 MILLION YEAR AGO.Q2 TOTAL INCOME DKK 1.87 BILLION VERSUS DKK 1.86 BILLION YEAR AGO.  Full Article

Alm. Brand Q1 pre-tax profit DKK 272 million
Thursday, 18 May 2017 02:27am EDT 

May 18 (Reuters) - ALM. BRAND A/S :GUIDANCE FOR FY2017 IS RAISED BY DKK 150 MILLION TO DKK 600-700 MILLION..FULL-YEAR GUIDANCE IS RAISED BY DKK 150 MILLION TO A PRE-TAX PROFIT OF DKK 600-700 MILLION.Q1 PRE-TAX PROFIT DKK 272 MILLION VERSUS DKK 234 MILLION YEAR AGO.Q1 TOTAL INCOME DKK 1.98 BILLION VERSUS DKK 1.89 BILLION YEAR AGO.  Full Article

Alm. Brand launches share buyback programme of up to DKK 300 mln
Monday, 24 Apr 2017 08:43am EDT 

April 24 (Reuters) - ALM.BRAND A/S :ALM. BRAND – LAUNCH OF SHARE BUYBACK PROGRAMME OF UP TO DKK 300 MILLION.SHARE BUYBACK PROGRAMME IS EXPECTED TO BE COMPLETED IN PERIOD FROM 24 APRIL 2017 UNTIL END OF MARCH 2018..LAUNCHES SHARE BUYBACK PROGRAMME OF UP TO DKK 300 MILLION.AT CURRENT PRICE, THIS CORRESPONDS TO A BUYBACK OF SOME 5.1 MILLION SHARES.  Full Article

Alm. Brand appoints Rasmus Werner Nielsen new CFO
Monday, 3 Apr 2017 05:31am EDT 

ALM. BRAND A/S : ALM. BRAND - NEW CFO APPOINTED . APPOINTED RASMUS WERNER NIELSEN AS ITS NEW CFO. . NIELSEN HAS SERVED AS CFO OF NORDEA BANK DENMARK AND HEAD OF GROUP BUSINESS CONTROL & REPORTING OF NORDEA GROUP. .RASMUS WERNER NIELSEN WILL TAKE UP POSITION ON 1 JULY 2017.  Full Article

Alm. Brand FY pre-tax profit grows to DKK 1.03 billion
Wednesday, 1 Mar 2017 02:29am EST 

Alm. Brand A/S : FY total income 7.49 billion Danish crowns ($1.06 billion) versus 7.60 billion crowns year ago . FY pre-tax profit 1.03 billion crowns versus 645 million crowns year ago . For 2017 expects a pre-tax profit of 450-550 million crowns and a break-even result of bank's winding-up activities . Board of directors recommends distribution of an ordinary dividend of 1.50 crown per share and an extraordinary dividend of 3.50 crowns per share .Initiation of a new share buyback programme of up to 300 million crowns.  Full Article

Alm. Brand CFO resigns
Wednesday, 1 Feb 2017 04:05am EST 

Alm. Brand A/S : CFO Anne Mette Barfod has resigned from her position to take on a similar role with the Danish Refugee Council . Barfod will continue as CFO until March 31, 2017 .Recruiting process to find a new CFO has been initiated.  Full Article

ALM. Brand Bank: repayment of additional tier 1 capital and raising of subordinated loan
Thursday, 22 Dec 2016 08:58am EST 

ALM. Brand A/S : ALM. Brand Bank - repayment of additional tier 1 capital and raising of subordinated loan . Received permission from Danish FSA to repay bank's additional tier 1 capital of 175,000,000 Danish crowns ($24.57 million) . Loan is expected to be repaid on Jan. 31, 2017 and concurrently replaced by an unlisted subordinated loan of 175,000,000 crowns from ALM. Brand af 1792 fmba .Subordinated loan will have a 10-year maturity with an option for ALM. Brand bank to terminate loan after five years.  Full Article

Alm. Brand Q3 pre-tax profit rises; outlook on FY pre-tax profit lifted
Wednesday, 16 Nov 2016 02:32am EST 

Alm. Brand A/S : Q3 total income 1.82 billion Danish crowns ($262.26 million) versus 1.83 billion crowns year ago . Q3 pre-tax profit 334 million crowns versus 220 million crowns year ago . Full-Year guidance is lifted by 200 million crowns to profit of 900-1,000 million crowns; guidance for bank's winding-up activities is revised to expected loss of 25 million crowns .Full-year guidance is profit of 400-500 million crowns at combined ratio of about 92; winding-up activities are seen to report result of zero.  Full Article