Alm. Brand A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 07:00 am
Share
Alm. Brand A/S reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was DKK 148 million compared to DKK 78 million a year ago. Basic earnings per share from continuing operations was DKK 0.1 compared to DKK 0.1 a year ago. Diluted earnings per share from continuing operations was DKK 0.1 compared to DKK 0.1 a year ago. Basic earnings per share was DKK 0.1 compared to DKK 0.1 a year ago. Diluted earnings per share was DKK 0.1 compared to DKK 0.1 a year ago.
For the nine months, net income was DKK 492 million compared to DKK 248 million a year ago. Basic earnings per share from continuing operations was DKK 0.3 compared to basic loss per share from continuing operations of DKK 0.2 a year ago. Diluted earnings per share from continuing operations was DKK 0.3 compared to diluted loss per share from continuing operations of DKK 0.2 a year ago. Basic earnings per share was DKK 0.3 compared to DKK 0.2 a year ago. Diluted earnings per share was DKK 0.3 compared to DKK 0.2 a year ago.
ALM. Brand A/S is a Denmark-based holding company engaged in the provision of insurance and financial services. The Companyâs activities are divided into three business areas: non-life insurance, which offers a range of insurance products, which focus primarily on the personal, commercial and agricultural segment; banking, providing deposit and lending products, pensions and home finance, as well as investment consultancy; and life insurance and pension, which provides corporate pension plans, pension savings, as well as insurance cover, including death, disability and critical illness cover. It operates a number of sales centers and branches across Denmark. Furthermore, the Company is a parent of Alm Brand Forsikring A/S, Alm Brand Praemieservice ApS, Alm Brand Bank A/S, Forsikringsselskabet Alm Brand Liv og Pension A/S, and Alm Brand Leasing A/S, among others.