- Pretax profit for Tryg in Q3 was DKK 2.12 billion, surpassing the estimated DKK 1.87 billion.
- Profit after tax came in at DKK 1.63 billion, exceeding the estimated DKK 1.41 billion.
- The reported combined ratio was 76.8%, better than the expected 78.5%.
- Declared dividend per share (DPS) was DKK 2.15, slightly above the projected DKK 2.13.
- Net income (NI) matched the profit after tax at DKK 1.63 billion, exceeding the forecast of DKK 1.41 billion.
- Insurance revenue reached DKK 10.59 billion.
- The insurance service result was a record DKK 2.45 billion, outperforming the estimated DKK 2.28 billion.
- Company CEO Johan Kirstein Brammer attributed the record insurance service result to strong performances in Sweden and Norway, and fewer large or weather-related claims.
- Revenue growth in local currencies is expected to be around 3% for 2026 and higher in 2027.
- Analyst recommendations include 8 buys, 7 holds, and 3 sells.
A look at Tryg A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tryg A/S, a company offering general insurance services across Sweden, Denmark, and Norway, is showing a promising long-term outlook based on its Smartkarma Smart Scores. With a top score of 5 in Dividend, investors can expect strong returns in the form of dividends. Additionally, the company scores well in Resilience with a score of 4, indicating a robust ability to weather fluctuations in the market. While Value and Growth scores are moderate at 3, their Momentum score of 3 suggests a steady performance trend over time. This combination of high Dividend and Resilience scores bodes well for Tryg A/S‘s future stability and potential for shareholder returns.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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