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Tryg A/S (TRYG.CO)

TRYG.CO on Copenhagen Stock Exchange

157.80DKK
17 Aug 2018
Change (% chg)

kr.-0.20 (-0.13%)
Prev Close
kr.158.00
Open
kr.158.70
Day's High
kr.158.80
Day's Low
kr.157.20
Volume
283,697
Avg. Vol
516,260
52-wk High
kr.159.20
52-wk Low
kr.137.50

Latest Key Developments (Source: Significant Developments)

Tryg Q2 Net Profit Below Expectations At DKK 568 Million
Tuesday, 10 Jul 2018 

July 10 (Reuters) - TRYG A/S ::REG-TRYG A/S – INTERIM REPORT Q2 AND H1 2018.Q2 PREMIUMS GROWTH OF 4.9% (2.0%) IN LOCAL CURRENCIES.Q2 DIVIDEND OF DKK 1.65 PER SHARE AND SOLVENCY RATIO OF 292.Q2 PROFIT BEFORE TAX OF DKK 735M (DKK 915M).Q2 DIVIDEND OF DKK 1.65 PER SHARE AND SOLVENCY RATIO OF 292.Q2 GROSS PREMIUM INCOME DKK 4.57 BILLION (REUTERS POLL DKK 4.48 BILLION).Q2 NET PROFIT DKK 568 MILLION (REUTERS POLL DKK 612 MILLION).Q2 COMBINED RATIO 81.4 PERCENT (REUTERS POLL 82.2 PERCENT).IN 2018, TRYG EXPECTS ORGANIC GROWTH IN GROSS PREMIUM INCOME OF 0-2% WHEN MEASURED IN LOCAL CURRENCIES (EXCLUDING PORTFOLIO ACQUISITIONS AND ALKA).FINANCIAL TARGETS 2020: TECHNICAL RESULT DKK 3.3 BILLION.FINANCIAL TARGETS 2020: COMBINED RATIO ≤86.  Full Article

Tryg CFO Buys 6,562 Shares In The Company
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Tryg A/S ::REPORTING OF TRADING IN TRYG SHARES BY CHRISTIAN BALTZER.‍GROUP CFO CHRISTIAN BALTZER HAS PURCHASED 6,562 TRYG SHARES AT DKK 152,45 FOR A TOTAL AMOUNT OF DKK 1,000,377 ON 24 JANUARY 2018​.  Full Article

Tryg ‍Q4 Profit Before Tax At DKK 685 Million
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - TRYG ::A/S – ANNUAL REPORT 2017.‍Q4 DIVIDEND OF DKK 1.60 PER SHARE​.Q4 PROFIT BEFORE TAX OF DKK 685 MILLION (DKK 650M ADJUSTED FOR ONE-OFF).‍FY DIVIDEND OF DKK 6.40 PER SHARE AND EXTRAORDINARY DIVIDEND OF DKK 3.31 PER SHARE​.Q4 GROSS PREMIUM INCOME DKK 4.49 ‍​BILLION (REUTERS POLL DKK 4.58 BILLION).EXPECTS GROWTH IN GROSS PREMIUM INCOME OF 0-2% IN LOCAL CURRENCIES IN 2018 (EXCLUDING THE ACQUISITION OF ALKA)‍​.Q4 PREMIUM GROWTH OF 1.9% (1.7%) IN LOCAL CURRENCIES.2018-2020 MAIN TARGET IS A NOMINAL TECHNICAL RESULT OF DKK 3,300M‍​.2018-2020 COMBINED RATIO TARGET IS AT OR BELOW 86.AN EXTRAORDINARY DIVIDEND SHOULD NOT BE EXPECTED FOR THE FY 2018‍​.Q4 PROFIT BEFORE TAX DKK 685‍​ MILLION (REUTERS POLL DKK 701 MILLION).  Full Article

Tryg Completes Share Issue​
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Tryg ::‍AFTER CAPITAL INCREASE, SHARE CAPITAL OF TRYG WILL CONSIST OF 302,147,991 SHARES WITH A NOMINAL VALUE OF DKK 5.00 EACH.​.‍OFFERING OF 27,400,000 NEW SHARES IN TRYG A/S HAS BEEN SUCCESSFULLY EXECUTED​.  Full Article

Tryg launches private placement of 24.7 million new shares
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - TRYG A/S ::TRYG A/S ANNOUNCES A PRIVATE PLACEMENT OF SHARES IN RELATION TO THE FINANCING OF THE ACQUISITION OF ALKA FORSIKRING.HAS TODAY DECIDED TO LAUNCH AN OFFERING OF NEW SHARES THROUGH A PRIVATE PLACEMENT OF UP TO 27,400,000 NEW SHARES TO BE ISSUED BY TRYG .IN THE PRIVATE PLACEMENT, THE NEW SHARES WILL BE PLACED AT MARKET PRICE .THE MARKET PRICE WILL BE ESTABLISHED THROUGH AN ACCELERATED BOOK-BUILDING PROCESS, WHERE ALL NEW SHARES OFFERED BY TRYG IN THE PRIVATE PLACEMENT WILL BE SUBSCRIBED FOR AT THE SAME PRICE PER SHARE.TRYG WILL IN CONNECTION WITH THE PRIVATE PLACEMENT BE ASSISTED BY NORDEA AS SOLE BOOKRUNNER.TRYGHEDSGRUPPEN SMBA (THE LARGEST SHAREHOLDER IN TRYG) HAS OFFERED TO SUBSCRIBE PRO-RATA FOR 60% OF THE NEW SHARES .FURTHERMORE, TRYGHEDSGRUPPEN HAS COMMITTED TO UNDERWRITE ALL SHARES AT DKK 146 PER SHARE .  Full Article

Tryg acquires Alka Forsikring
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Tryg ::ACQUIRES ALKA FORSIKRING.- ‍TOTAL CONSIDERATION OF DKK 8.2BN​.- ‍IDENTIFIED MERGER BENEFITS IN COMBINED ENTITY OF DKK 300M, TO BE DELIVERED BY 2021​.TRANSACTION IS EXPECTED TO CLOSE DURING H1 2018, FOLLOWING A PERIOD OF REGULATORY APPROVAL.‍IDENTIFIED MERGER BENEFITS IN COMBINED ENTITY OF DKK 300M, TO BE DELIVERED BY 2021​.- ‍WILL FINANCE TRANSACTION BY ISSUING UP TO 10% OF CURRENT SHARES OUTSTANDING IN AN EQUITY PLACING THROUGH ABB.‍WILL FINANCE TRANSACTION BY ISSUING UP TO 10% OF CURRENT SHARES OUTSTANDING​.‍SAYS SIGNIFICANT LONG TERM POTENTIAL TO INCREASE ORDINARY DIVIDENDS​.- ‍SHARE PLACEMENT TO RAISE APPROXIMATELY DKK 4BN​.‍REDUCTION IN OVERLAPPING LABOUR COSTS WILL MOSTLY BE DELIVERED THROUGH NATURAL ATTRITION ACROSS COMBINED ENTITY​.  Full Article

Tryg ‍Confirms A Potential Acquisition Of Alka.​
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Tryg ::‍CONFIRMS THAT TRYG IS IN A DIALOGUE CONCERNING A POTENTIAL ACQUISITION OF ALKA.​.SAYS ‍FURTHER INFORMATION WILL BE PROVIDED IN DUE COURSE.​.- ‍COMMENTS ON ALKA ACQUISITION RUMOURS​.  Full Article

Danish insurer Tryg in talks about potential acquisition of Alka
Saturday, 2 Dec 2017 

Dec 2 (Reuters) - TRYG A/S ::FOLLOWING THE RECENT PRESS SPECULATION, TRYG HEREBY CONFIRMS THAT TRYG IS IN A DIALOGUE CONCERNING A POTENTIAL ACQUISITION OF ALKA.FURTHER INFORMATION WILL BE PROVIDED IN DUE COURSE..  Full Article

Tryg targets technical result of DKK 2.8 bln for 2020
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Tryg A/S ::Tryg A/S – New Financial Targets And Capital Markets Day In London .Tryg - ‍has defined new financial targets for 2020​.‍defined new financial targets for 2020​.Tryg - ‍technical result of dkk 2.8bn is targeted for 2020 driven by a combined ratio of 87 or lower and an expense ratio around 14​.‍technical result of dkk 2.8bn is targeted for 2020​.Tryg - ‍run-off gains are estimated to be between 3%- 5% in 2020 against a current level of 6%-7%​.Tryg - ‍return on equity target is lifted from 21% or above to 23% or above after tax​.‍tryg's supervisory board decides to propose extraordinary dividend of dkk 1 bn corresponding to dkk 3.6 per share​.  Full Article

Tryg Q3 profit after tax at DKK 671 million
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - TRYG ::‍Q3 DIVIDEND OF DKK 1.60 PER SHARE AND SOLVENCY RATIO OF 211​.Q3 NL COMBINED RATIO 82.6‍​ PERCENT (REUTERS POLL 83.5 PERCENT).Q3 GROSS PREMIUM INCOME DKK ‍​4.58 BILLION (REUTERS POLL DKK 4.57 BILLION).Q3 PROFIT AFTER TAX DKK ‍​671 MILLION (REUTERS POLL DKK 677 MILLION).TARGET FOR 2017 IS COMBINED RATIO ≤87‍​.TARGET FOR 2017 IS RETURN ON EQUITY OF ≥21% AFTER TAX‍​.  Full Article

EU mergers and takeovers (Aug 6)

BRUSSELS, Aug 6 The following are mergers under review by the European Commission and a brief guide to the EU merger process: