Alm. Brand A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 28, 2021 at 02:30 am EDT
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Alm. Brand A/S reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was DKK 1,418 million compared to DKK 1,381 million a year ago. Net income was DKK 133 million compared to DKK 237 million a year ago. Basic earnings per share from continuing operations was DKK 0.6 compared to DKK 1.4 a year ago. Diluted earnings per share from continuing operations was DKK 0.6 compared to DKK 1.4 a year ago. Basic earnings per share was DKK 0.7 compared to DKK 1.5 a year ago. Diluted earnings per share was DKK 0.7 compared to DKK 1.5 a year ago.
For the nine months, revenue was DKK 4,227 million compared to DKK 4,104 million a year ago. Net income was DKK 422 million compared to DKK 551 million a year ago. Basic earnings per share from continuing operations was DKK 2.4 compared to DKK 2.8 a year ago. Diluted earnings per share from continuing operations was DKK 2.4 compared to DKK 2.8 a year ago. Basic earnings per share was DKK 2.6 compared to DKK 3.6 a year ago. Diluted earnings per share was DKK 2.6 compared to DKK 3.6 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 
