Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Sampo solgte NOBA-aktier for 111 MEUR

SAMPOAnalyst Comment23.09.2026, 06.50
Sauli VilénAnalyst
Discuss

Summary

  • Sampo har solgt NOBA-aktier for 111 MEUR, hvilket var forventet som en del af deres strategi om at reducere ikke-strategiske investeringer.
  • Salget styrker forventningen om, at Sampo vil lancere et nyt aktietilbagekøbsprogram senere på året, muligvis i forbindelse med Q3-regnskabet eller investordagen i november.
  • Sampo ejer stadig 50 millioner NOBA-aktier, svarende til cirka 10 % af selskabet, og kan fortsætte med at sælge, hvis markedsforholdene er gunstige.
  • Salgsprisen overstiger den regnskabsmæssige værdi fra Q2, hvilket vil resultere i et lille positivt afkast i Q3's investeringsindtægter.

Dette indhold er genereret af AI. Du kan give feedback om det på Inderes forum.

Automatisk oversættelse: Oprindeligt udgivet på finsk 23.9.2026, 04.50 GMT. Giv feedback her.

Sampo meddelte tirsdag, at det har solgt aktier i NOBA for 111 MEUR. Nyheden var fuldstændig forventet, da selskabet i længere tid har ønsket at afhende sine ikke-strategiske kapitalinvesteringer. Salget styrker yderligere vores holdning om, at Sampo vil offentliggøre et nyt aktietilbagekøbsprogram i løbet af årets sidste del. Det sandsynlige tidspunkt for et nyt tilbagekøbsprogram er enten i forbindelse med Q3-regnskabet eller i forbindelse med investordagen, der holdes senere i november. Nyheden medfører ingen ændringer i vores estimater.

Efter salget har Sampo stadig 50 millioner aktier, hvilket svarer til en ejerandel på cirka 10 procent i selskabet, og vi venter, at Sampo fortsætter med at sælge sin position, hvis markedsforholdene tillader det. Ifølge vores beregninger ligger salgsprisen en smule over regnskabsværdien ved udgangen af Q2, hvilket betyder, at selskabet også bogfører et mindre positivt afkast herfra under investeringsindtægterne for Q3.

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.

Read more on company page

Key Estimate Figures12.08

202526e27e
Revenue9,078.09,730.310,421.8
growth-%8.2 %7.2 %7.1 %
EBIT (adj.)2,436.01,519.31,964.1
EBIT-% (adj.)26.8 %15.6 %18.8 %
EPS (adj.)0.740.450.61
Dividend0.360.380.40
Dividend %3.9 %4.3 %4.5 %
P/E (adj.)12.519.714.5
EV/EBITDA10.816.212.1

Forum discussions

When Sauli Sulo Vilen says it’s cheap, well, we certainly go ahead and seal the deal. Sampo was added to the daughters’ equity savings accounts...
43 minutes ago
by Pyynikin patruuna
2
sampo.com Sampo kirjaa arvonalentumistappion Tanskan IT-järjestelmien aineettomiin... Sampo’s integration of Topdanmark has progressed to a ...
1 hour ago
by Cadel
16
Sampo has been left in peace for so long (and good thing too) and suddenly we’re on everyone’s lips.
1 hour ago
4
Quite substantial purchases indeed this week compared to earlier ones. Good tactical awareness from the company in this situation. sampo.com...
1 hour ago
20
“Insurance group Sampo reports that it has completed its €350 million share buyback program. The share buybacks began on May 7 and were concluded...
2 hours ago
by Buccaneer
18
Also in the OP morning report there is a long article and a mention that it is cheap with a forward P/E of 14.5.
2 hours ago
by OttoJ
17
Inderes – 24 Sep 26 Sampo: Kättä alle - Inderes Sammon osake on laskenut mielestämme aiheettomasti, ja tuotto-odotus alkaa näyttää hyvinkin ...
13 hours ago
by Ju-ha-ni
82