Finnish insurer Sampo Q3 profits fall 81% [Reuters (UK)]
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Source: Reuters
Finnish insurer Sampo Q3 profits fall 81% - Reuters 1 Min Read Nov 6 (Reuters) - Finnish financial group Sampo reported a bigger than forecast drop in third-quarter earnings on Wednesday, hit by one-off charges at its stake in regional bank Nordea, but said it expects to report good operating results for 2019. The pan-Nordic insurance company, which owns 19.9% of Nordea, reported a 81% fall in pretax profit to 92 million euros ($102 million), compared with an average forecast of 192 million euros in a Refinitiv poll. ($1 = 0.9031 euros) (Reporting by Tarmo Virki in Tallinn; editing by Louise Heavens) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved.
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