Latest news with #SampoOyj
Yahoo
07-08-2025
- Business
- Yahoo
Sampo Oyj (SAXPF) Q2 2025 Earnings Call Highlights: Strong Underwriting Profits and New Share ...
Underwriting Profits: Increased by 21%. Premium Growth: 8% increase. Operating EPS: Grew by 16% to EUR 0.14 per share. Share Buyback Program: New EUR 200 million program announced. Gross Written Premium (Private Nordic): 9% increase. Digital Sales (Commercial): 30% increase. Top Line Growth (Commercial): 6% growth. Combined Ratios: At target levels or better. Customer Growth (Hastings): Added 360,000 new policies. Underwriting Result (Hastings): Up 40% in the first half. Topdanmark Synergies: Target synergies of EUR 24 million for the year. Underwriting Results Outlook (2025): Raised by EUR 25 million, representing 8% to 16% growth. Warning! GuruFocus has detected 8 Warning Signs with OHEL:BOREO. Release Date: August 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Sampo Oyj (SAXPF) reported a 21% increase in underwriting profits, driven by an 8% growth in premiums and improved large claims outcomes. Operating EPS grew by 16% to EUR 0.14 per share, despite an increased share count. The company announced a new EUR 200 million share buyback program, indicating strong financial health. Sampo Oyj (SAXPF) achieved a 9% gross written premium increase in its Private Nordic business, supported by improving customer retention rates and solid growth in digital sales. The company has successfully integrated Topdanmark, with expected synergies of EUR 24 million for the year, mainly appearing in the second half. Negative Points The Nordic Industrial division is not growing significantly more than GDP, despite derisking efforts. The UK market has stabilized, leading to a decrease in demand for quotes, which may impact future growth. The expense ratio in the UK ticked up slightly due to acquisition expenses, indicating potential cost pressures. Sampo Oyj (SAXPF) has lower prior year gains this quarter compared to the same period last year, impacting profitability. The reinvestment yield is slightly lower than the running yield, which could pressure future investment income. Q & A Highlights Q: Can you provide insights on the premium growth in the private portfolio, especially regarding the hardening market in Norway? A: The Norwegian market has been hardening for a while and seems to have peaked, but pricing remains higher compared to other countries. In Denmark, we have a record high indexation, and in Sweden, premium increases are rising slightly. Overall, profitability is excellent across the Nordic markets. The derisking in the industrial portfolio was completed as expected, focusing on reducing capacity in more loss-prone industries, which aligns with our plans. Q: How is the underlying profitability in the Nordic commercial sector, and what lines have been particularly profitable? A: The commercial sector benefited from benign weather, better-than-planned large claims outcomes, and repricing in the health insurance portfolio. These factors contributed to an excellent combined ratio in the commercial book. Q: Can you discuss the expense ratio in the UK and how it might develop as top-line growth normalizes? A: We aim to improve the expense ratio in the UK, similar to the Nordics. Excluding acquisition costs, the UK cost ratio has improved. If acquisition costs were at last year's level, the group cost ratio would decrease by about 20 basis points. Q: What is the outlook for investment income given the current reinvestment yield trends? A: Our running yields have been stable due to active management when mark-to-market yields were higher. Although the reinvestment yield is slightly lower, the impact on running yield is minimal. We are integrating the Topdanmark portfolio into our fixed income strategy, which will support the running yield without significantly increasing credit risk. Q: How does the derisking in the industrial portfolio affect your large claims budget and underlying risk ratio? A: The derisking initiative, focused on the property book, aims to reduce volatility rather than improve profitability. It should lead to less volatility in large claims, but the budget remains unchanged. The underlying risk ratio improvement is not significant for large corporate accounts. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
07-08-2025
- Business
- Yahoo
Sampo Oyj (SAXPF) Q2 2025 Earnings Call Highlights: Strong Underwriting Profits and New Share ...
Underwriting Profits: Increased by 21%. Premium Growth: 8% increase. Operating EPS: Grew by 16% to EUR 0.14 per share. Share Buyback Program: New EUR 200 million program announced. Gross Written Premium (Private Nordic): 9% increase. Digital Sales (Commercial): 30% increase. Top Line Growth (Commercial): 6% growth. Combined Ratios: At target levels or better. Customer Growth (Hastings): Added 360,000 new policies. Underwriting Result (Hastings): Up 40% in the first half. Topdanmark Synergies: Target synergies of EUR 24 million for the year. Underwriting Results Outlook (2025): Raised by EUR 25 million, representing 8% to 16% growth. Warning! GuruFocus has detected 8 Warning Signs with OHEL:BOREO. Release Date: August 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Sampo Oyj (SAXPF) reported a 21% increase in underwriting profits, driven by an 8% growth in premiums and improved large claims outcomes. Operating EPS grew by 16% to EUR 0.14 per share, despite an increased share count. The company announced a new EUR 200 million share buyback program, indicating strong financial health. Sampo Oyj (SAXPF) achieved a 9% gross written premium increase in its Private Nordic business, supported by improving customer retention rates and solid growth in digital sales. The company has successfully integrated Topdanmark, with expected synergies of EUR 24 million for the year, mainly appearing in the second half. Negative Points The Nordic Industrial division is not growing significantly more than GDP, despite derisking efforts. The UK market has stabilized, leading to a decrease in demand for quotes, which may impact future growth. The expense ratio in the UK ticked up slightly due to acquisition expenses, indicating potential cost pressures. Sampo Oyj (SAXPF) has lower prior year gains this quarter compared to the same period last year, impacting profitability. The reinvestment yield is slightly lower than the running yield, which could pressure future investment income. Q & A Highlights Q: Can you provide insights on the premium growth in the private portfolio, especially regarding the hardening market in Norway? A: The Norwegian market has been hardening for a while and seems to have peaked, but pricing remains higher compared to other countries. In Denmark, we have a record high indexation, and in Sweden, premium increases are rising slightly. Overall, profitability is excellent across the Nordic markets. The derisking in the industrial portfolio was completed as expected, focusing on reducing capacity in more loss-prone industries, which aligns with our plans. Q: How is the underlying profitability in the Nordic commercial sector, and what lines have been particularly profitable? A: The commercial sector benefited from benign weather, better-than-planned large claims outcomes, and repricing in the health insurance portfolio. These factors contributed to an excellent combined ratio in the commercial book. Q: Can you discuss the expense ratio in the UK and how it might develop as top-line growth normalizes? A: We aim to improve the expense ratio in the UK, similar to the Nordics. Excluding acquisition costs, the UK cost ratio has improved. If acquisition costs were at last year's level, the group cost ratio would decrease by about 20 basis points. Q: What is the outlook for investment income given the current reinvestment yield trends? A: Our running yields have been stable due to active management when mark-to-market yields were higher. Although the reinvestment yield is slightly lower, the impact on running yield is minimal. We are integrating the Topdanmark portfolio into our fixed income strategy, which will support the running yield without significantly increasing credit risk. Q: How does the derisking in the industrial portfolio affect your large claims budget and underlying risk ratio? A: The derisking initiative, focused on the property book, aims to reduce volatility rather than improve profitability. It should lead to less volatility in large claims, but the budget remains unchanged. The underlying risk ratio improvement is not significant for large corporate accounts. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-02-2025
- Business
- Yahoo
3 Reliable Dividend Stocks With Yields Up To 4.7% For Steady Income
Amidst a backdrop of tariff uncertainties and mixed economic signals, global markets have experienced fluctuations, with U.S. stocks ending the week on a lower note and European indices showing resilience. In such an environment, investors often turn to dividend stocks for their potential to provide steady income streams, as they can offer some stability against market volatility. Name Dividend Yield Dividend Rating Guaranty Trust Holding (NGSE:GTCO) 5.78% ★★★★★★ Padma Oil (DSE:PADMAOIL) 7.56% ★★★★★★ Peoples Bancorp (NasdaqGS:PEBO) 4.84% ★★★★★★ CAC Holdings (TSE:4725) 4.48% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.03% ★★★★★★ Southside Bancshares (NYSE:SBSI) 4.54% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 3.41% ★★★★★★ Citizens & Northern (NasdaqCM:CZNC) 5.19% ★★★★★★ Nihon Parkerizing (TSE:4095) 3.94% ★★★★★★ FALCO HOLDINGS (TSE:4671) 6.69% ★★★★★★ Click here to see the full list of 1965 stocks from our Top Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sampo Oyj, with a market cap of €21.95 billion, operates through its subsidiaries to provide non-life insurance products and services across Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. Operations: Sampo Oyj's revenue is primarily derived from its segments If (€5.72 billion), Hastings (€1.70 billion), and Topdanmark (€1.53 billion). Dividend Yield: 4.2% Sampo Oyj proposed a regular dividend of €0.34 per share for 2024, adjusted for a recent share split, marking a 6% increase from the prior year. Despite its reasonable payout ratio of 73.8% and cash payout ratio of 77.2%, ensuring coverage by earnings and cash flows, Sampo's dividend history has been volatile over the past decade. Earnings have grown annually by 6% over five years, yet the dividend yield remains lower than top-tier Finnish payers at 4.17%. Unlock comprehensive insights into our analysis of Sampo Oyj stock in this dividend report. According our valuation report, there's an indication that Sampo Oyj's share price might be on the cheaper side. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: JDM JingDaMachine (Ningbo) Co. Ltd specializes in the production and sale of precision stamping parts both in China and internationally, with a market cap of CN¥4.16 billion. Operations: JDM JingDaMachine (Ningbo) Co. Ltd generates revenue from its Metal Forming Machine Tool Manufacturing segment, which amounts to CN¥783.71 million. Dividend Yield: 3% JingDaMachine's dividend yield of 3.05% places it in the top 25% of payers in the CN market, but sustainability is a concern due to its high payout ratio (80.6%) and inadequate cash flow coverage (97%). Despite earnings growth of 2.2% last year, the company's dividends have been volatile over a decade, with significant annual drops exceeding 20%. The share price has also been highly volatile recently, adding to investor risk considerations. Get an in-depth perspective on JDM JingDaMachine (Ningbo)Ltd's performance by reading our dividend report here. Insights from our recent valuation report point to the potential overvaluation of JDM JingDaMachine (Ningbo)Ltd shares in the market. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Zippy Technology Corp. designs, manufactures, and trades micro switches and power supplies across Taiwan, the United States, Mainland China, Germany, Italy and internationally with a market cap of NT$9.69 billion. Operations: Zippy Technology Corp.'s revenue is derived from its Power Business Unit, generating NT$1.40 billion, and its Switch Business Unit, contributing NT$1.85 billion. Dividend Yield: 4.7% Zippy Technology's dividend yield of 4.72% ranks in the top 25% in the TW market, supported by a sustainable payout ratio of 73.4% and cash payout ratio of 52.9%. Despite a volatile dividend history, recent earnings growth and increased payments over the past decade indicate potential stability. The company reported improved sales and net income for Q3 2024, suggesting positive financial momentum that could support future dividends. Click here to discover the nuances of Zippy Technology with our detailed analytical dividend report. Insights from our recent valuation report point to the potential undervaluation of Zippy Technology shares in the market. Navigate through the entire inventory of 1965 Top Dividend Stocks here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HLSE:SAMPO SHSE:603088 and TWSE:2420. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
10-02-2025
- Business
- Yahoo
3 Reliable Dividend Stocks With Yields Up To 4.7% For Steady Income
Amidst a backdrop of tariff uncertainties and mixed economic signals, global markets have experienced fluctuations, with U.S. stocks ending the week on a lower note and European indices showing resilience. In such an environment, investors often turn to dividend stocks for their potential to provide steady income streams, as they can offer some stability against market volatility. Name Dividend Yield Dividend Rating Guaranty Trust Holding (NGSE:GTCO) 5.78% ★★★★★★ Padma Oil (DSE:PADMAOIL) 7.56% ★★★★★★ Peoples Bancorp (NasdaqGS:PEBO) 4.84% ★★★★★★ CAC Holdings (TSE:4725) 4.48% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.03% ★★★★★★ Southside Bancshares (NYSE:SBSI) 4.54% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 3.41% ★★★★★★ Citizens & Northern (NasdaqCM:CZNC) 5.19% ★★★★★★ Nihon Parkerizing (TSE:4095) 3.94% ★★★★★★ FALCO HOLDINGS (TSE:4671) 6.69% ★★★★★★ Click here to see the full list of 1965 stocks from our Top Dividend Stocks screener. Here's a peek at a few of the choices from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sampo Oyj, with a market cap of €21.95 billion, operates through its subsidiaries to provide non-life insurance products and services across Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. Operations: Sampo Oyj's revenue is primarily derived from its segments If (€5.72 billion), Hastings (€1.70 billion), and Topdanmark (€1.53 billion). Dividend Yield: 4.2% Sampo Oyj proposed a regular dividend of €0.34 per share for 2024, adjusted for a recent share split, marking a 6% increase from the prior year. Despite its reasonable payout ratio of 73.8% and cash payout ratio of 77.2%, ensuring coverage by earnings and cash flows, Sampo's dividend history has been volatile over the past decade. Earnings have grown annually by 6% over five years, yet the dividend yield remains lower than top-tier Finnish payers at 4.17%. Unlock comprehensive insights into our analysis of Sampo Oyj stock in this dividend report. According our valuation report, there's an indication that Sampo Oyj's share price might be on the cheaper side. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: JDM JingDaMachine (Ningbo) Co. Ltd specializes in the production and sale of precision stamping parts both in China and internationally, with a market cap of CN¥4.16 billion. Operations: JDM JingDaMachine (Ningbo) Co. Ltd generates revenue from its Metal Forming Machine Tool Manufacturing segment, which amounts to CN¥783.71 million. Dividend Yield: 3% JingDaMachine's dividend yield of 3.05% places it in the top 25% of payers in the CN market, but sustainability is a concern due to its high payout ratio (80.6%) and inadequate cash flow coverage (97%). Despite earnings growth of 2.2% last year, the company's dividends have been volatile over a decade, with significant annual drops exceeding 20%. The share price has also been highly volatile recently, adding to investor risk considerations. Get an in-depth perspective on JDM JingDaMachine (Ningbo)Ltd's performance by reading our dividend report here. Insights from our recent valuation report point to the potential overvaluation of JDM JingDaMachine (Ningbo)Ltd shares in the market. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Zippy Technology Corp. designs, manufactures, and trades micro switches and power supplies across Taiwan, the United States, Mainland China, Germany, Italy and internationally with a market cap of NT$9.69 billion. Operations: Zippy Technology Corp.'s revenue is derived from its Power Business Unit, generating NT$1.40 billion, and its Switch Business Unit, contributing NT$1.85 billion. Dividend Yield: 4.7% Zippy Technology's dividend yield of 4.72% ranks in the top 25% in the TW market, supported by a sustainable payout ratio of 73.4% and cash payout ratio of 52.9%. Despite a volatile dividend history, recent earnings growth and increased payments over the past decade indicate potential stability. The company reported improved sales and net income for Q3 2024, suggesting positive financial momentum that could support future dividends. Click here to discover the nuances of Zippy Technology with our detailed analytical dividend report. Insights from our recent valuation report point to the potential undervaluation of Zippy Technology shares in the market. Navigate through the entire inventory of 1965 Top Dividend Stocks here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HLSE:SAMPO SHSE:603088 and TWSE:2420. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
