Sampo posted a Q4 15 profit before tax of €413m, down 7.6% yoy and bringing FY 15 profits to €1,888m (+7.3% yoy). FY 15 EPS stood at €2.79 (€2.11 in FY 14). ROE stood at 14% vs. 10.9% a year before. By business area, P&C posted a pre-tax profit decline of 6.8% to €204m in Q4 but a ytd increase of 3.1% to €960m. The combined ratio stood at 85.4% in 2015 vs. 87.1% a year before. Net premiums reached €4,378m in 9M 15, down 1.9% yoy, and Q3 has confirmed the
10 Feb 2016
Q4 15 signs raises some concerns
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Q4 15 signs raises some concerns
Sampo posted a Q4 15 profit before tax of €413m, down 7.6% yoy and bringing FY 15 profits to €1,888m (+7.3% yoy). FY 15 EPS stood at €2.79 (€2.11 in FY 14). ROE stood at 14% vs. 10.9% a year before. By business area, P&C posted a pre-tax profit decline of 6.8% to €204m in Q4 but a ytd increase of 3.1% to €960m. The combined ratio stood at 85.4% in 2015 vs. 87.1% a year before. Net premiums reached €4,378m in 9M 15, down 1.9% yoy, and Q3 has confirmed the