Alm. Brand A/S Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 02:00 am EDT
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Alm. Brand A/S reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was DKK 250 million compared to net loss of DKK 187 million a year ago. Basic earnings per share from continuing operations was DKK 0.2 compared to basic loss per share from continuing operations of DKK 0.1 a year ago. Diluted earnings per share from continuing operations was DKK 0.2 compared to diluted loss per share from continuing operations of DKK 0.1 a year ago. Basic earnings per share was DKK 0.2 compared to basic loss per share of DKK 0.1 a year ago. Diluted earnings per share was DKK 0.2 compared to diluted loss per share of DKK 0.1 a year ago.
For the six months, net income was DKK 344 million compared to DKK 170 million a year ago. Basic earnings per share from continuing operations was DKK 0.2 compared to basic loss per share from continuing operations of DKK 0.2 a year ago. Diluted earnings per share from continuing operations was DKK 0.2 compared to diluted loss per share from continuing operations of DKK 0.2 a year ago. Basic earnings per share was DKK 0.2 compared to DKK 0.1 a year ago. Diluted earnings per share was DKK 0.2 compared to DKK 0.1 a year ago.
ALM. Brand A/S is a Denmark-based holding company engaged in the provision of insurance and financial services. The Companyâs activities are divided into three business areas: non-life insurance, which offers a range of insurance products, which focus primarily on the personal, commercial and agricultural segment; banking, providing deposit and lending products, pensions and home finance, as well as investment consultancy; and life insurance and pension, which provides corporate pension plans, pension savings, as well as insurance cover, including death, disability and critical illness cover. It operates a number of sales centers and branches across Denmark. Furthermore, the Company is a parent of Alm Brand Forsikring A/S, Alm Brand Praemieservice ApS, Alm Brand Bank A/S, Forsikringsselskabet Alm Brand Liv og Pension A/S, and Alm Brand Leasing A/S, among others.
ALM. BRAND A/S 
