Sampo Oyj (SAMPO) Earnings Call Transcripts

Sampo Oyj's Latest Earnings Call - Q1 FY2026

Sampo Oyj reported strong Q1 2026 results, with insurance revenue increasing by 8% year-over-year, driven by robust operational momentum across segments. The company raised its full-year guidance for insurance revenue growth to a range of EUR 9.6 billion to EUR 9.8 billion and for underwriting results to EUR 1.525 billion to EUR 1.625 billion. The strong performance was supported by favorable weather conditions and a new EUR 350 million share buyback program, signaling confidence in its financial position.

Reported metrics

Guidance from management

Sampo now expects insurance revenue growth of 6%-8% and underwriting results of EUR 1.525 billion to EUR 1.625 billion for 2026, reflecting a positive outlook based on strong Q1 performance and favorable claims experience.

What management said

Good morning, everyone, and welcome to Sampo Group's Conference Call on First Quarter 2016 Results. My name is Mirko Hurmarinta, and I am the Interim Head of Investor Relations at Sampo. I'm joined on the call today by Group CEO, Morten Thorsrud; and Group CFO, Lars Kufall Beck. The call will include a short presentation by Morten and Lars, followed by Q&A. Recording of the call will later be available at sampo.com. ...

That's just inflation in percentages, and we kind of got carefully sort of not disclosing the exact percentages. I think it's something that we look upon as information we would like to keep for ourselves and not share with our competitors in particular -- estimate of inflation in the different countries.

What analysts pressed on

Analysts expressed concerns regarding the competitive landscape in the U.K. motor insurance market and the potential impact of the Danish workers' compensation ruling on future claims. There were questions about the sustainability of premium growth in the Nordic segment amid recent losses of large clients.

Main topics on the call

• Revenue Growth — Sampo's insurance revenue grew by 8% in Q1 2026, attributed to strong GDP growth and favorable claims outcomes. CEO Morten Thorsrud stated, "Our insurance revenue increased with 8%, fueled by excellent GDP growth over th...
• Underwriting Results Improvement — The underwriting results increased by 9% on a like-for-like basis, driven by cost ratio improvements and favorable claims experience. Thorsrud noted, "Our underwriting results increased by 9% on a like-for-like basis."
• Guidance Increase — Management raised the full-year guidance for insurance revenue growth to 6%-8% and underwriting results to EUR 1.525 billion - EUR 1.625 billion. Thorsrud mentioned, "Following the favorable start of the year, we have ra...
• Share Buyback Program — Sampo announced a new EUR 350 million buyback program, reflecting confidence in its financial stability. CFO Lars Beck stated, "We are committed to return to around 90% of our operating results through regular dividend a...

Read the full Sampo Oyj transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 43 Sampo Oyj earnings call transcripts on record, spanning February 6, 2020 to May 6, 2026. Based on this history, Sampo Oyj reports quarterly. The most recent call on file is dated May 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SAMPO

Exchange

HLSE

Country

FI

Sector

Financials

Industry

Insurance

Calls on record

43

First call

February 6, 2020

Most recent

May 6, 2026

Reporting cadence

quarterly