Q3 2019 Tryg A/S Earnings Call Transcript

Oct 10, 2019 / 08:00AM GMT
Gianandrea Roberti - Tryg A/S-Head of IR

Good morning, everybody. This is Gianandrea Roberti, I'm Head of Investor Relations at Tryg. We published our Q3 results earlier on this morning. And I have here with me Morten Hübbe, group CEO; and Barbara Plucnar Jensen, group CFO, to present the figures.

Over to you, Morten.

Morten Hübbe - Tryg A/S-Group CEO&Member of Executive Board

Thank you, Gian, and good morning to all of you. And we start off on Slide #3 with the financial highlights of the quarter.

We report a Q3 pretax result of DKK 779 million, slightly lower than last year's DKK 825 million, positively impacted by the core business, where the technical result of DKK 870 million is up 14.3% compared to the same quarter last year, and negatively impacted by the capital market movements resulting in an overall investment loss for the quarter. Quarterly dividend of DKK 1.7 per share is announced and a solvency ratio of 169.

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