A satisfactory set of Q1 22 results disclosed by Sampo. Our investment case is reiterated. Management has mentioned further a shareholder distribution besides the €750m and €250m following the complete disposal of Nordea shares. We expect this to support the share price while Hastings has been, once again, very disappointing. In contrast, IF P&C remains impressive.
05 May 2022
Incredible If P&C, potential additional capital return to support share price
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Incredible If P&C, potential additional capital return to support share price
A satisfactory set of Q1 22 results disclosed by Sampo. Our investment case is reiterated. Management has mentioned further a shareholder distribution besides the €750m and €250m following the complete disposal of Nordea shares. We expect this to support the share price while Hastings has been, once again, very disappointing. In contrast, IF P&C remains impressive.