Topdanmark A/S Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 15, 2022 at 02:06 am EDT
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Topdanmark A/S reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was DKK 265 million compared to DKK 522 million a year ago. Basic earnings per share from continuing operations was DKK 1.8 compared to DKK 5.5 a year ago. Diluted earnings per share from continuing operations was DKK 1.8 compared to DKK 5.5 a year ago. Basic earnings per share was DKK 3 compared to DKK 6 a year ago. Diluted earnings per share was DKK 3 compared to DKK 5.9 a year ago.
For the six months, net income was DKK 380 million compared to DKK 1,157 million a year ago. Basic earnings per share from continuing operations was DKK 3 compared to DKK 10.9 a year ago. Diluted earnings per share from continuing operations was DKK 3 compared to DKK 10.9 a year ago. Basic earnings per share was DKK 4.3 compared to DKK 13.2 a year ago. Diluted earnings per share was DKK 4.3 compared to DKK 13.2 a year ago.
Topdanmark A/S is a Denmark-based insurance company engaged in the insurance and pension fund business. The Companyâs activities are divided into such segments, as Personal, and SME (Small and Medium Enterprises) and Industrial. The Personal segment sells policies for individual households in Denmark. The SME and Industrial segment offers policies for Denmark-based SME, agricultural and industrial businesses. The Companyâs private insurance offering includes such insurance products, as home, vehicle, accident, pet, child and life and health insurance, as well as pension funds. Its corporate insurance offering includes property insurance, insurance of goods and equipment, and car insurance, among others. As of December 31, 2012, it had subsidiaries responsible for life and non-life insurance, as well as for asset management, investment and property-related activities.
TOPDANMARK A/S 
