Sampo Oyj (OHEL:SAMPO)

€ 38.99 -0.02 (-0.05%) Market Cap: 20.99 Bil Enterprise Value: 22.44 Bil PE Ratio: 14.72 PB Ratio: 3.00 GF Score: 61/100

Q2 2024 Sampo Oyj Interview with Group CFO Knut Arne Alsaker Transcript

Aug 07, 2024 / NTS GMT

Release Date Price: €40 (+3.90%)

Transcript

Unidentified Participant

Good day, Inderes TV, viewers, and listeners. Sampo published its second-quarter results today. I'm interviewing Sampo's Group CFO, Knut Arne Alsaker. We are sitting here in its Stockholm office. Thanks, Knut, for having me here.

Knut Alsaker

Sampo Oyj - Group Chief Financial Officer, Member of the Group Executive Committee

Welcome to Stockholm.

Questions & Answers

Unidentified Participant

Thank you. Thank you. How would you describe Sampo's development during the second quarter?

Knut Alsaker

Sampo Oyj - Group Chief Financial Officer, Member of the Group Executive Committee

Second quarter was for Sampo solid development, continued good top-line growth, both in the Nordics, but not least in the UK; a solid underwriting development in terms of margins in Q2, specifically slightly offset by a couple of large claims.

But for the first half year, such large claims was basically in line with budget. And then topping off a strong underwriting performance,

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