Mutual Insurance reported a profit after tax of 1.171,7 million in 3. quarter of 2016, against 594,7 million in the same period the year before.
According to TDN Finans was it expected a profit of 1.301 million.
Earnings per share were 2,34 nok 1,19 nok at the same crossroads last year. It was expected a score of 2,60 euros per share.
the Result before tax was 1.515,9 million, compared with 951,7 million the year before. Snittforventningene to the analysts indicate a profit before tax of 1.691 million.
premiums received from life insurance companies amounted to 5.705,5 million, compared with a 5.471,2 million in 3. quarter of 2015. Analysts ‘ expectations were here at 5.779 million.
Total operating revenues ended at 6.524,2 million, against 6.157,7 million in the same period the year before.
- Competitive solutions for our customers and continued efficient operation are the main reasons for a strong third quarter, ” says ceo Helge Leiro Baastad.
- Mutual maintains a solid position in a market characterized by strong competition, says Baastad.
the Board of directors has decided to pay out overskuddskapital 2 billion as dividend, corresponding to 4,00 nok per share
Here is the report and the presentation
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