Tryg A/S (OCSE:TRYG)
kr 142 -0.5 (-0.35%) Market Cap: 87.39 Bil Enterprise Value: 94.29 Bil PE Ratio: 24.03 PB Ratio: 2.24 GF Score: 71/100

Q3 2021 Tryg A/S Earnings Call Transcript

Oct 12, 2021 / 08:00AM GMT
Release Date Price: kr146.55 (-0.68%)
Gianandrea Roberti;S;IR Officer
Tryg A

/-

Good morning, everybody. My name is Gianandrea Roberti. I'm Head of Investor Relations at Tryg. We published our Q3 results earlier this morning, and I have here with me Morten Hubbe, our Group CEO; Barbara Plucnar Jensen, our Group CFO; and Johan Kirstein Brammer, our Group CCO. With these few words, over to you, Morten.

Morten Hubbe;S;Group CEO;Member of Executive Board
Tryg A

/-&

Thank you, Gian, and good morning from my side as well. We start on Slide 3, where Tryg reports a pretax result of almost DKK 1.2 billion, made up of a technical result of just shy of DKK 1 billion and overall investment result just below DKK 500 million, including Codan and Trygg-Hansa and other income cost being a negative of DKK 270 million, of which approximately DKK 200 million are related to the previously flagged integration costs.

The technical result of DKK 988 million is driven by continuous improvement in the underlying operations, the

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