Aug 09, 2023 / NTS GMT
Presentation by CEO
Aug 09, 2023 / NTS GMT
=====================
Corporate Participants
=====================
* Torbjorn Magnusson
Sampo Oyj - Group CEO & Chairman of Group Executive Committee
=====================
Torbjorn Magnusson - Sampo Oyj - Group CEO & Chairman of Group Executive Committee
Good morning. I'm Torbjorn Magnusson. I'm the CEO of Sampo Group, and it's my pleasure to give you an overview of Sampo's first half 2023 results.
Sampo has enjoyed a very good first half year with profit before taxes, up 32% year-on-year to EUR 722 million. Looking to the details of the result, they truly illustrate the quality of our P&C Insurance business with solid underwriting profits and strong growth. This is on the back of many years of investments in technology and underwriting and despite having had the highest ever large claims in a quarter in our biggest subsidiary of P&C.
Operational momentum continues to be strong across the group as Nordic markets remain stable, while pricing in the U.K. is very rapidly hardening. In
Half Year 2023 Sampo Oyj Pre-Recorded Earnings Presentation by CEO Transcript
Aug 09, 2023
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers