SAMPO Sampo Oyj Class A

Sammon toimintakertomus ja tilinpäätös vuodelta 2019 on julkaistu

Sammon toimintakertomus ja tilinpäätös vuodelta 2019 on julkaistu

SAMPO OYJ                 TILINPÄÄTÖS JA TOIMINTAKERTOMUS            24.3.2020 klo 9.30



Sammon toimintakertomus ja tilinpäätös vuodelta 2019 on julkaistu                        

Sampo-konserni on julkaissut hallituksen toimintakertomuksen ja tilinpäätöksen vuodelta 2019 osoitteessa .

Edellä mainitussa osoitteessa ovat saatavilla myös:

  • konsernijohtaja Torbjörn Magnussonin katsaus
  • johdon videokatsaukset
  • Sampo-konsernin riskienhallintaraportti 2019
  • Sampo-konsernin selvitys hallinto- ja ohjausjärjestelmästä 2019
  • Sampo-konsernin palkitsemisraportti 2019, joka on osa osoitteessa saatavilla olevaa palkka- ja palkkioselvitystä
  • Sampo Oyj:n tytäryhtiöiden If Vahinkovakuutuksen, Topdanmarkin ja Mandatum Henkivakuutusosakeyhtiön vuosikertomukset vuodelta 2019
  • If Vahinkovakuutuksen ja Topdanmarkin yritysvastuuraportit vuodelta 2019

Sammon toimintakertomus ja tilinpäätös, selvitys hallinto- ja ohjausjärjestelmästä sekä palkitsemisraportti vuodelta 2019 ovat tämän tiedotteen liitteenä.

Sampo-konserni julkaisee vakavaraisuutta ja taloudellista tilaa koskevan kertomuksen sekä yritysvastuuraportin toukokuussa 2020.



SAMPO OYJ



Maria Silander

Viestintäpäällikkö, mediayhteydet

puh. 010 516 0031

Jakelu:

Nasdaq Helsinki

Lontoon pörssi

Keskeiset tiedotusvälineet

Finanssivalvonta

Liitteet

EN
24/03/2020

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Reports on Sampo Oyj Class A

Håkon Astrup
  • Håkon Astrup

Solid growth momentum into 2025e

Helped by benign weather with few storms, we expect solid underwriting across the Nordic P&C sector for Q1, with underlying performance further supported by earned repricing momentum and abating claims inflation. The sector is trading at an attractive average 2026e P/E of c15.2x and we see solid capital distribution prospects. We reiterate our recommendations on all our covered sector names and highlight Tryg as our top pick.

Håkon Astrup
  • Håkon Astrup

Sampo Oyj (Buy, TP: EUR9.80) - Minor model adjustments

We have adjusted our estimates to reflect the now completed 4-to-1 share split announced by the board on 5 February. While we forecast unchanged earnings, we have revised our 2025–2027e EPS and DPS due to the increased share count. We do not consider these changes to be material, and we have not changed our BUY recommendation. We have adjusted our target price to EUR9.80 (49).

Sampo: 1 director

A director at Sampo bought 7,500 shares at 41.097EUR and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing ...

Håkon Astrup
  • Håkon Astrup

Sampo Oyj (Buy, TP: EUR49.00) - Strong underwriting momentum

Against a backdrop of soft financial markets and one-off integration costs, Sampo continues to deliver a solid underwriting performance, with the Q4 adjusted risk ratio improving by 0.3%-points YOY, helped by currency-adjusted GWP growth of 18% YOY. We believe the company’s efforts to mitigate claims inflation and increased frequencies should support growth and earnings, in line with the ambitions from the 2024 CMD, and have raised our 2025–2026e EPS by ~1%. We reiterate our BUY and have raised ...

Håkon Astrup
  • Håkon Astrup

Repricing set to support profitability

The outlook for strong growth momentum in the Nordic P&C sector remains, with the recent rounds of premium repricing yet to take full effect. Furthermore, underwriting profitability is still a key focus, illustrated by Tryg raising its long-term combined ratio target to ~81% at the 2024 CMD. We believe signs of slowing claims inflation, albeit from high levels, together with mostly normal weather, bode well for Q4 underwriting. We have three BUYs and one HOLD, and highlight Sampo as our top sect...

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