- Sampo reported a pretax profit of EUR 219 million in Q4 2024, exceeding the estimate of EUR 212 million.
- The pretax profit for the year 2024 was EUR 1.56 billion, beating the estimate of EUR 1.52 billion.
- Topdanmark had a pretax loss of EUR 21 million, significantly higher than the expected loss of EUR 3.93 million.
- Hastings reported a pretax profit of EUR 52 million.
- The company’s net income was EUR 180 million, surpassing the estimate of EUR 143.8 million.
- Earnings per share (EPS) were EUR 0.31, above the estimated EUR 0.28.
- The dividend per share for 2024 was declared at EUR 1.70.
- The CEO stated Sampo is entering 2025 in a strong position, focusing on digital capability and synergy opportunities.
- A new share buyback program is anticipated in 2025, funded by 2024 capital and potential disposals.
- The company targets a combined ratio below 85% and operating EPS growth of over 7% annually from 2024 to 2026.
- Predicted Group insurance revenue for FY25 is between EUR 8.7–9.0 billion, with a growth rate of 4–7% year-on-year.
- Underwriting result for FY25 is projected at EUR 1,350–1,450 million, indicating 3–10% growth year-on-year.
- Sampo received 11 buy, 9 hold, and 3 sell ratings from analysts.
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A look at Sampo Oyj Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Based on the Smartkarma Smart Scores, Sampo Oyj shows a promising long-term outlook. With consistent scores across key factors such as Value, Dividend, and Growth all at a level 3, it indicates a stable foundation for potential growth opportunities. Furthermore, the company’s high scores in Resilience and Momentum at 4 reflect its ability to weather market uncertainties and maintain positive upward momentum, respectively. These strong scores paint a positive picture for Sampo Oyj‘s future.
Sampo Oyj operates as an insurance brokerage firm, offering a range of insurance products to both commercial and private customers globally. With a focus on property and casualty, as well as life insurance, Sampo provides essential coverage to meet various needs. The company’s diversified portfolio and global reach position it well in the insurance industry. Coupled with its respectable Smart Scores, Sampo Oyj presents a solid investment option with potential for long-term success.
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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