IOB • DKK Alm. Brand A/S (0DJI.IL) Follow Compare 15.02 +0.32 +(2.18%) At close: January 24 at 3:59:57 PM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Alm. Brand A/S - Guidance for 2025 in line with ambitious target set in 2022 This announcement contains Alm. Brand Group’s profit guidance for 2025 and information about the realised financial results for 2024. The interim report for Q4 2024 will be released as announced on 5 February 2025. Alm. Brand Group is set to continue the positive performance in 2025 and expects to report an insurance service result of DKK 1.5-1.7 billion excluding run-off gains or losses. The profit guidance includes synergies in an amount of DKK 600 million. The expected increase relative to th Consensus estimates ahead of Q4 2024 Alm. Brand Group hereby publish consensus estimates prior to the announcement of the Q4 results. Consensus estimates are also available via: almbrand.dk Conference Call Alm. Brand Group will report its Q4 2024 results on February 5 at 07:30 CET and host a conference call with management at 11:00 CET on the day of release. Dial in for analysts and investors (pincode: 551812): Denmark: +45 89 87 50 45 UK: +44 20 3936 2999 USA: +1 646 664 1960 Contact Please direct any questions regarding this anno Alm. Brand A/S – Weekly report on share buybacks Transactions during 13 January 2025 – 17 January 2025On 15 August 2024, Alm. Brand A/S announced a share buy-back program of up to DKK 150 million, as described in company announcement no. 40/2024. On 7 November 2024, Alm. Brand A/S announced an increase of the existing share buy-back program by DKK 70 million to DKK 220 million with the intention of purchasing shares for the employee share scheme in 2025. Additionally, the program was extended until and including 31 January 2025. The program is Alm. Brand A/S - Interim report for Q3 2024 Satisfactory Q3 profit leading to DKK 100 million upgrade of profit before tax and excluding special costs The insurance service result for Q3 2024 was a profit of DKK 400 million (Q3 2023: DKK 366 million), corresponding to a combined ratio of 85.7 (Q3 2023: 86.4), driven by sustained favourable developments in Personal Lines, while Commercial Lines were impacted by a higher claims levelThe guidance for the full-year insurance service result is lifted by DKK 50 million to DKK 1.25-1.35 billion Consensus estimates ahead of Q3 2024 Alm. Brand Group hereby publish consensus estimates prior to the announcement of the Q3 results. Consensus estimates are also available via: almbrand.dk Conference Call Alm. Brand Group will report its Q3 2024 results on November 7 at 8:00 CET and host a conference call with management at 11:00 CET on the day of release. Dial in for analysts and investors (pincode: 600815): Denmark: +45 8987 5045 UK: +44 20 3936 2999 USA: +1 646 664 1960 Contact Please direct any questions regarding this announc Alm. Brand A/S - Interim report for Q2 and H1 2024 Interim report for Q2 and H1 2024 Satisfactory first half year with strong premium growth – Alm. Brand Group launches new DKK 150 million share buy-back programme On 1 July 2024, Alm. Brand announced that it has signed an agreement with Norwegian insurer Gard to divest the Energy & Marine business at a total price of DKK 1.6 billion. This announcement of interim financial results covers the continuing activities only. The financial results of the divested Energy & Marine business are recognised Alm. Brand A/S - Launch of new share buyback program according to the Safe Harbour method Launch of new share buyback program according to the Safe Harbour method Based on the expected result for 2024 and a very strong solvency coverage, the Board of Directors of Alm. Brand A/S has decided to exercise the authority to buy back shares granted by the annual general Meeting on 18 April 2024. The authority is valid until the next annual general Meeting and covers up to 10% of the share capital. Alm. Brand A/S may purchase shares up to a maximum aggregate purchase price of DKK 150 million Consensus estimates ahead of Q2 2024 Alm. Brand Group has published consensus estimates prior to the announcement of the Q2 results. Consensus estimates are also available via: almbrand.dk Conference Call Alm. Brand Group will report its Q2 2024 results on August 15 and host a conference call with management at 11:00 CET on the day of release. Dial in for analysts and investors (pincode: 688462): Denmark: +45 8987 5045 UK: +44 20 3936 2999 USA: +1 646 664 1960 Contact Please direct any questions regarding this announcement to: Inve Alm. Brand A/S - Alm. Brand enters into agreement with Norwegian insurer Gard on divestment of Energy & Marine business for DKK 1.6 billion Alm. Brand today entered into a conditional agreement with Gard on the divestment of its Energy & Marine business for a price of DKK 1.6 billion, equivalent to a cash payment of DKK 1.13 billion combined with the equity freed up in the transaction. The net proceeds including the freed-up equity are expected to be distributed to the shareholders of Alm. Brand A/S after obtaining relevant regulatory approvals. The distribution will be made in the form of extraordinary dividend, share buy-backs or Alm. Brand A/S share buy-back program is concluded - transactions week 24 Alm. Brand A/S share buy-back program is concluded - transactions week 24 On 5 December 2023, Alm. Brand A/S announced a share buy-back program of up to DKK 250 million, as described in company announcement no. 23/2023. On the 8th of February 2024, Alm. Brand A/S announced an increase of the existing share buy-back programme by DKK 100 million to DKK 350 million and extension of the period for the programme until and including 30 September 2024, as described in company announcement no. 09/2024. Alm. Brand A/S - Interim report for Q1 2024 Alm. Brand Group upgrades guidance for pre-tax profit by DKK 100 million Alm. Brand Group’s insurance service result was a profit of DKK 295 million (Q1 2023: DKK 205 million), driven in particular by sustained favourable trends in Commercial LinesInsurance revenue grew at a highly satisfactory rate of 5.6% to DKK 3,012 million (Q1 2023: DKK 2,853 million), driven in particular by strong growth of 8.6% in Personal LinesThe underlying claims experience improved by 3.0 percentage points to 61.0, d Consensus estimates ahead of Q1 2024 Alm. Brand Group has published consensus estimates prior to the announcement of the Q1 results. Consensus estimates are also available via: almbrand.dk Conference Call Alm. Brand Group will report its Q1 2024 results on May 2 and host a conference call with management at 11:00 CET on the day of release. Dial in for analysts and investors (pincode: 978854) : Denmark: +45 8987 5045 UK: +44 20 3936 2999 USA: +1 646 664 1960 Contact Please direct any questions regarding this announcement to: Investo Alm. Brand A/S - Result of annual general meeting held on 18 April 2024 The annual general meeting of Alm. Brand A/S held today was conducted in accordance with the agenda and the complete proposals submitted by the Board of Directors. The annual report for 2023 was approved, and discharge was granted to the Board of Directors and the Executive Management. The shareholders adopted the proposal submitted by the Board of Directors that a dividend of DKK 0.55 per share be paid in respect of 2023 for a total dividend payout of DKK 848 million. The remaining profit will Alm. Brand A/S - Preliminary statement of financial results for 2023 Alm. Brand Group’s insurance service result for Q4 2023 was a profit of DKK 333 million, bringing the insurance service result for 2023 to a profit of DKK 1,412 million, against a profit of DKK 1,005 million in 2022. This performance reflects sustained satisfactory growth in insurance revenue and an overall satisfactory claims experience, despite high weather-related claims expenses in the year. The favourable developments were driven by broadly-based improvements in Commercial Lines, including Alm. Brand A/S - Change to the Board of Directors of Alm. Brand A/S Jørn Pedersen has announced his decision to resign as a member of the Board of Directors of Alm. Brand A/S effective from 1 February 2024. He will concurrently resign from all his other directorships in Alm. Brand Group and as a member of the Board of Representatives and board member of Alm. Brand af 1792 fmba. Jørn Pedersen’s resignation is based on his desire to devote his time to other tasks, making it difficult to find the time to discharge the directorships held with the group companies and Consensus estimates ahead of Q4 2023 Alm. Brand Group has published consensus estimates prior to the announcement of the Q4 results. Consensus estimates are also available via: almbrand.dk Conference Call Alm. Brand Group will report its Q4 2023 results on February 8 and host a conference call with management at 11:00 CET on the day of release. Dial in for analysts and investors (pincode: 010338) : Denmark: +45 8987 5045 UK: +44 203 936 2999 USA: +1 646 664 1960 Contact Please direct any questions regarding this announcement to: In Performance Overview Trailing total returns as of 1/24/2025, which may include dividends or other distributions. Benchmark is OMX Copenhagen 25 Index Return 0DJI.IL OMX Copenhagen 25 Index YTD +7.17% -2.00% 1-Year +27.88% -4.51% 3-Year +37.54% -2.20%