Storebrand ASA (OSL:STB)
kr 111.1 1.1 (1%) Market Cap: 49.26 Bil Enterprise Value: 88.47 Bil PE Ratio: 15.71 PB Ratio: 1.64 GF Score: 56/100
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Q3 2021 Storebrand ASA Earnings Call Transcript

Oct 27, 2021 / 08:00AM GMT
Release Date Price: kr90.04 (-0.02%)
Daniel Sundahl
Storebrand ASA - IR Officer

Good morning, ladies and gentlemen. Welcome to Storebrand's Third Quarter Results Presentation. My name is Daniel Sundahl, and I'm Head of Investor Relations. As always, we will start today with CEO, Odd Arild Grefstad, giving you the key highlights of the quarter before CFO, Lars Loddesol, dives deeper into the numbers. At the end of the presentation, we will open up for questions and answers. And to ask a question, you need to be dialed into the conference call. Details can be found on the IR website.

But without further ado, I give the word to CEO, Odd Arild Grefstad.

Odd Arild Grefstad
Storebrand ASA - Group CEO

Thank you, Daniel, and good morning, everyone. The Storebrand Group delivers a strong quarterly profit of NOK 912 million. The operating profit of NOK 762 million in the quarter or NOK 827 million adjusted for performance-related costs is the strongest on record. Overall, growth within savings and insurance, disciplined cost control, and increased profitability within insurance drive the growth

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