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Topdanmark A/S (TOP.CO)

TOP.CO on Copenhagen Stock Exchange

374.80DKK
7:27am EDT
Change (% chg)

kr.-4.40 (-1.16%)
Prev Close
kr.379.20
Open
kr.381.00
Day's High
kr.385.80
Day's Low
kr.374.40
Volume
50,186
Avg. Vol
91,259
52-wk High
kr.385.80
52-wk Low
kr.269.20

Latest Key Developments (Source: Significant Developments)

Topdanmark Q2 Post-Tax Profit Up At DKK 391 Million
Thursday, 18 Jul 2019 06:01am EDT 

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 02:40am EST 

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 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

UPDATE 1-Nordic financial group Sampo beats Q1 profit forecasts

HELSINKI, May 8 Financial group Sampo posted a 7 percent rise in first-quarter profit on Wednesday, boosted by its Danish insurer and a rebound in equity markets, although its main pan-Nordic insurance business missed forecasts.