Sampo gör en nedskrivning av de danska IT-systemen

SAMPOAnalyst Comment2026-09-28 07:37

Automatisk översättning: Ursprungligen publicerad på finska 2026-09-28 05:37 GMT. Ge feedback här.

Sampo meddelade på fredagen att bolaget under det tredje kvartalet 2026 bokför en nedskrivning på ungefär 118 MEUR av immateriella tillgångar hänförliga till de danska IT-systemen. Nedskrivningen görs som ett led i integrationen av Topdanmark i If-koncernen. Åtgärden är rent bokföringsmässig och har ingen inverkan på kassaflödena eller vår ståndpunkt om bolaget. Sampo bedömer dessutom att inverkan på soliditeten förblir liten.

Sampo is the leading property and casualty insurance group in the Nordic region and a major operator in the growing digital P&C insurance market in the UK. Sampo Group has around 9 million customers, and it employs 15,000 people. The Group’s insurance revenue totalled EUR 9.1 billion in 2025 of which the Nordic market represented 75 per cent. The Group’s operations are diversified by geography, line of business, and customer group. Sampo Group operates in Sweden, Norway, Finland, Denmark, the UK, and the Baltic countries. Its largest customer groups are private customers in the Nordics and in the UK, representing in total over 65 per cent of the Group's insurance revenue. The Group is also a leading provider of P&C insurance in Nordic commercial and industrial businesses.

Key Estimate Figures24/09

	2025	26e	27e
Revenue	9,078.0	9,730.3	10,421.8
growth-%	8.2 %	7.2 %	7.1 %
EBIT (adj.)	2,436.0	1,484.5	1,964.1
EBIT-% (adj.)	26.8 %	15.3 %	18.8 %
EPS (adj.)	0.74	0.44	0.61
Dividend	0.36	0.38	0.40
Dividend %	3.9 %	4.3 %	4.5 %
P/E (adj.)	12.5	20.2	14.4
EV/EBITDA	10.8	16.5	12.1

Forum discussions

Pyysing has been writing about Sampo this time Sampo and other insurance stock shares in the Nordic countries also took a hit late in the week...

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by Sijoittaja-alokas

As I have said so many times, we are here for you after all! Antti and I regularly exchange thoughts on Sampo, and we have shared very similar...

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by Sauli Vilen

Thanks for taking the trouble, Sauli, to comment on the matter on the forum for the second time, even on a weekend! For comparison, I will quote...

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by Ju-ha-ni

During my 15-year tracking history, Sampo’s share has been drastically mispriced twice. In 2011-2012 (the aftermath of the financial crisis ...

yesterday

by Sauli Vilen

129

Sampo is the kind of stock that is always worth buying on the dips. I also believe Sampo is normally ”fairly” priced, but in dips like lemonade...

9/26/2026, 2:15 PM

by Ränta på ränta

[quote="Hassuttelija, post:7368, topic:692"] Well, Sampo at least scooped up a hefty amount from this sale itself, and they surely know their...

9/26/2026, 12:04 PM

by kimsku

Why didn’t all the big funds snap this up immediately, and why hasn’t the stock price already risen instead of still being available at a discount...

9/26/2026, 10:07 AM

by Hassuttelija

Sampo gör en nedskrivning av de danska IT-systemen

SAMPOAnalyst Comment2026-09-28 07:37

Sauli VilénAnalyst

Discuss

Automatisk översättning: Ursprungligen publicerad på finska 2026-09-28 05:37 GMT. Ge feedback här.

Key Estimate Figures24/09

	2025	26e	27e
Revenue	9,078.0	9,730.3	10,421.8
growth-%	8.2 %	7.2 %	7.1 %
EBIT (adj.)	2,436.0	1,484.5	1,964.1
EBIT-% (adj.)	26.8 %	15.3 %	18.8 %
EPS (adj.)	0.74	0.44	0.61
Dividend	0.36	0.38	0.40
Dividend %	3.9 %	4.3 %	4.5 %
P/E (adj.)	12.5	20.2	14.4
EV/EBITDA	10.8	16.5	12.1