Inside information: Sampo Group announces financial targets for the 2024-2026 strategic period [Yahoo! Finance]
SAMPO OYJ UNSP/ADR (SAXPY)
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Source: Yahoo! Finance
Sampo Group remains focused on increasing shareholder value by growing underwriting profits and managing capital in a disciplined manner. Sampo's Board of Directors has today approved a new set of financial targets under which the Group will aim to achieve operating EPS (Op EPS) growth of more than 7 per cent on average over 2024–2026, while maintaining a combined ratio below 85 per cent, and to generate more than EUR 4 billion of deployable capital. - In the last three years we have completed the transformation of Sampo into a pure P&C insurance group and delivered against our Group-level financial targets. Looking ahead, we aim to leverage our unique position as the largest P&C insurer in the Nordics, and a leader in digital retail P&C insurance in the UK, to deliver attractive earnings growth. We expect digital sales to support attractive premium growth across private property insurance, personal insurance, UK motor insurance and SME, and to enable us to extend our 14-year track
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