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Storebrand ASA ( (GB:0NO0) ) has shared an update.
Storebrand ASA announced a robust financial performance for 2024, with a group profit of NOK 5,904 million, marking a significant increase from the previous year. The company plans a 15% increase in dividends and a share buyback program of NOK 1.5 billion, reflecting its strong solvency ratio and operational success. Record-high assets under management and strategic acquisitions, such as AIP Management, have fortified their market position. Additionally, Storebrand’s inclusion in the Dow Jones Sustainability Index highlights its commitment to sustainable business practices, enhancing its reputation in the financial sector.
More about Storebrand ASA
Storebrand is a Nordic financial group based in Lysaker, Norway, providing security and financial wellness solutions for individuals and companies. It offers sustainable financial products and services to approximately 55,000 corporate and 2.2 million individual customers, managing assets worth NOK 1,469 billion. Storebrand is listed on the Oslo Stock Exchange.
YTD Price Performance: 12.27%
Average Trading Volume: 84,155
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK60.5B
For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.
