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Topdanmark A/S (TOP.CO)

TOP.CO on Copenhagen Stock Exchange

279.00DKK
17 Aug 2018
Change (% chg)

kr.-2.60 (-0.92%)
Prev Close
kr.281.60
Open
kr.281.80
Day's High
kr.282.20
Day's Low
kr.275.80
Volume
113,241
Avg. Vol
156,971
52-wk High
kr.313.40
52-wk Low
kr.223.90

Latest Key Developments (Source: Significant Developments)

Topdanmark Q4 Pre-Tax Profit DKK 533 mln‍​
Thursday, 22 Feb 2018 06:21am EST 

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 06:15am EST 

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 06:00am EDT 

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 02:00am EDT 

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 02:45am EDT 

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

Topdanmark’s holding of own shares is below 10%
Monday, 21 Aug 2017 08:17am EDT 

Aug 21 (Reuters) - TOPDANMARK A/S ::TOPDANMARK’S HOLDING OF OWN SHARES IS BELOW 10% .  Full Article

Topdanmark Q2 post-tax profit DKK ‍474​ mln, above expectations
Tuesday, 15 Aug 2017 06:02am EDT 

Aug 15 (Reuters) - TOPDANMARK ::Q2 POST-TAX PROFIT DKK ‍474​ MILLION (REUTERS POLL DKK 385 MILLION).Q2 COMBINED RATIO ‍77.8​ PERCENT (REUTERS POLL 84.8 PERCENT).THE POST-TAX PROFIT FORECAST MODEL FOR 2017 UPGRADED FROM DKK 1,100-1,200M TO DKK 1,250-1,350M, EXCLUDING RUN-OFF IN H2 2017‍​.  Full Article

Topdanmark Q1 post-tax profit DKK 415 million, above expectations
Tuesday, 23 May 2017 06:00am EDT 

May 23 (Reuters) - TOPDANMARK A/S :Q1 POST-TAX PROFIT DKK 415 MILLION (REUTERS POLL DKK 319 MILLION).SAYS WILL SWITCH TO DISTRIBUTION OF DIVIDENDS.Q1 COMBINED RATIO 85.8 PERCENT (REUTERS POLL 87.9 PERCENT).SEES ASSUMED GROWTH IN PREMIUMS ADJUSTED FROM AROUND 0 TO SLIGHTLY POSITIVE IN 2017.SAYS BASIS FOR DIVIDEND SCHEME IS A PAY-OUT RATIO OF AT LEAST 70%.BASIS FOR DIVIDEND SCHEME: A PAY-OUT RATIO OF AT LEAST 70%.POST-TAX PROFIT FORECAST MODEL FOR 2017 IS UPGRADED FROM DKK 900-1,000M TO DKK 1,100-1,200M.ASSUMED COMBINED RATIO FOR 2017 IMPROVED FROM 91-92 TO AROUND 89, EXCLUDING. RUN-OFF PROFITS IN Q2-Q4 2017 STILL INCL. ADDITIONAL EXPENSES OF 0.5-1PP.  Full Article

Topdanmark buy-back programme for 2016 of DKK 1.65 bln is completed
Friday, 31 Mar 2017 06:44am EDT 

TOPDANMARK : BUY-BACK PROGRAMME FOR 2016 OF DKK 1,650 MILLION IS NOW COMPLETED . IN PERIOD 12 FEBRUARY 2016 TO 21 FEBRUARY 2017, SHARES AT A VALUE OF DKK 1,451M WERE BOUGHT BACK OF TOTAL SHARE BUY-BACK PROGRAMME OF DKK 1,650M .TOPDANMARK'S HOLDING OF OWN SHARES IS 9,782,000 SHARES, CORRESPONDING TO 10.30% OF SHARE CAPITAL.  Full Article

Topdanmark Q4 post-tax profit DKK 421 million, above estimates
Thursday, 23 Feb 2017 06:00am EST 

Topdanmark A/S : Q4 combined ratio 84.6 percent (Reuters poll 88.0 percent) . Q4 post-tax profit 421 million Danish crowns ($60 million)(Reuters poll 270 million crowns) . As compared to profit forecast model for 2017 in interim report for Q1-Q3 2016, underlying assumed combined ratio for 2017 remains unchanged at 90-91 excluding run-off . Combined ratio is increased to 91-92 in profit forecast model for 2017 . Assumed combined ratio for 2017 may increase by 0.5 to 1pp . Still expects premium growth in non-life insurance of around 0 pct .2017 post-tax profit forecast model: 900 million-1 billion crowns, excluding run-off..  Full Article

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

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