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ALM. Brand A/S (ALMB.CO)

ALMB.CO on Copenhagen Stock Exchange

71.20DKK
23 Feb 2018
Change (% chg)

kr.0.60 (+0.85%)
Prev Close
kr.70.60
Open
kr.70.90
Day's High
kr.71.50
Day's Low
kr.70.80
Volume
114,599
Avg. Vol
210,121
52-wk High
kr.82.30
52-wk Low
kr.53.50

Latest Key Developments (Source: Significant Developments)

Alm. Brand: Expected Profit For 2017, Dividend And Buyback Programme
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Alm. Brand A/S ::: EXPECTED PROFIT FOR 2017, DIVIDEND AND BUYBACK PROGRAMME.‍EXPECTS TO REPORT A FULL-YEAR PROFIT OF ABOUT DKK 1,020 MILLION​.BOARD OF DIRECTORS IS EXPECTED TO RECOMMEND A TOTAL DISTRIBUTION TO SHAREHOLDERS OF ABOUT DKK 700 MILLION.INSURANCE ACTIVITIES ARE EXPECTED TO REPORT A PROFIT OF ABOUT DKK 915 MILLION.‍RUN-OFF GAINS FOR Q4 ARE EXPECTED TO BE LOWER THAN IN SAME PERIOD OF 2016​.PROFIT FOR 2018, INCLUDING ACTIVITIES ACQUIRED FROM SAXO , IS EXPECTED TO BE UNCHANGED RELATIVE TO 2017.‍PROFIT FOR 2018, INCLUDING ACTIVITIES ACQUIRED FROM SAXO PRIVATBANK, IS EXPECTED TO BE UNCHANGED RELATIVE TO 2017​.‍IS EXPECTED TO RECOMMEND SHARE BUYBACK OF UP TO DKK 200 MILLION IN 2018.​.  Full Article

Alm.Brand To Acquire Activities Of Saxo Privatbank A/S
Monday, 5 Feb 2018 

Feb 5 (Reuters) - ALM. BRAND A/S ::ALM. BRAND TO ACQUIRE ACTIVITIES OF SAXO PRIVATBANK A/S.ACQUISITION WILL INCREASE ALM. BRAND BANK'S BUSINESS VOLUME BY ABOUT 50%.ACQUISITION IS EXPECTED TO BE COMPLETED ON 1 APRIL 2018.‍EXPECTS TO SIGNIFICANTLY IMPROVE ITS EARNINGS ONCE INTEGRATION WITH ITS CURRENT ACTIVITIES HAS BEEN COMPLETED​.SELLER OF ACTIVITIES IS SAXO PRIVATBANK A/S, A WHOLLY-OWNED SUBSIDIARY OF SAXO BANK A/S.‍ACQUISITION OF ACTIVITIES OF SAXO PRIVATBANK A/S WAS MADE ON 5 FEBRUARY 2018 WITH EXPECTED TAKEOVER ON 1 APRIL 2018​.‍TOTAL SYNERGIES AND HENCE CONTRIBUTIONS FROM ACQUIRED ACTIVITIES ARE EXPECTED TO AMOUNT TO SOME DKK 75 MILLION ANNUALLY​.ACQUISITION IS SUBJECT TO APPROVAL BY DANISH FINANCIAL SUPERVISORY AUTHORITY AND DANISH COMPETITION AND CONSUMER AUTHORITY.  Full Article

ALM. Brand pre-tax profit rises to DKK 345 mln
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - ALM. BRAND A/S ::‍FULL-YEAR GUIDANCE IS UPGRADED BY DKK 250 MILLION TO A CONSOLIDATED PRE-TAX PROFIT OF DKK 950-1,050 MILLION​.‍GUIDANCE FOR NON-LIFE INSURANCE IS LIFTED BY DKK 200 MILLION.​.‍GUIDANCE FOR BANKING AND PENSION IS LIFTED BY DKK 10 MILLION EACH​.‍GROUP'S CONSOLIDATED PROFIT FOR 2018 IS EXPECTED TO BE IN DKK 450-550 MILLION RANGE​.Q3 TOTAL INCOME DKK 1.90‍​ BILLION VERSUS DKK 1.81 BILLION YEAR AGO.Q3 PRE-TAX PROFIT DKK 345‍​ MILLION VERSUS DKK 334 MILLION YEAR AGO.  Full Article

Alm. Brand Q2 pre-tax profit up at DKK 249 million
Thursday, 25 Aug 2016 

Alm. Brand A/S : Q2 pre-tax profit 249 million Danish crowns ($37.71 million) versus 98 million crowns year ago . Q2 total income 1.87 billion crowns versus 1.87 billion crowns year ago . Outlook for group's forward-looking activities is lifted by 75 million crowns, comprising upgraded guidance of 100 million crowns and 15 million crowns for non-life insurance and life and pension . Full-Year guidance is raised by 100 million crowns to a pre-tax profit of 700-800 million crowns . Outlook for the bank’s forward-looking activities is lowered by 20 million crowns .Guidance for the bank’s winding-up activities is raised by 25 million crowns to a loss of 25-50 million crowns.  Full Article

Alm. Brand: CEO exercises share options, sells shares
Friday, 13 May 2016 

Alm. Brand A/S : Søren Boe Mortensen, CEO in Alm. Brand, has on May 12 purchased 84,380 Alm Brand shares as result of exercise of share options at cash value of about 1.4 million Danish crowns ($213,125) .Søren Boe Mortensen sold the same day 84,380 Alm Brand shares at cash value of about 4.1 million Danish crowns.  Full Article

Alm. Brand Q1 pre-tax profit up at DKK 234 million, raises outlook
Wednesday, 11 May 2016 

Alm. Brand A/S : Q1 total income 1.89 billion Danish crowns ($290 million)versus 2.00 billion crowns year ago . Q1 pre-tax profit 234 million crowns versus 177 million crowns year ago . Guidance for 2016 is raised by 100 million crowns to 600 million-700 million crowns . Guidance for non-life insurance is lifted by 75 million crowns to a profit of 600 million crowns .Guidance for the Group's other activities is unchanged.  Full Article

Alm Brand A/S Increase and extension of share buyback program
Tuesday, 26 Apr 2016 

Alm Brand A/S:Announces increase and extension of share buyback programme.After approval, share buyback programme will amount to up to 400 million Danish crowns and will be running until end-Feb. 2017.Has currently bought back own shares in a total amount of 125 million crowns , equivalent to 31 pct of overall programme.  Full Article

Deals of the day-Mergers and acquisitions

Feb 5 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday: