FBD Holdings

Strong 2023; €1 per share ordinary dividend

  • Sectors : Insurance
  • Companies : FBD Holdings

Ratings and price correct at time of issue.

  • FBD Holdings

    Closing Price: 1275c

  • RATING 01/09/17

  • PREVIOUS RATING 29/02/16

    NEUTRAL

DAVY VIEW

2023 was a strong year for FBD with the company executing on its strategic objectives. Growing policy numbers and strong retention resulted in growth in gross written premiums. Profit is in line with its recent upward revision. The solvency capital position remains materially above risk appetite, allowing FBD to pursue disciplined growth while providing an attractive yield opportunity from both ordinary and special dividends.

Download full report with analyst certification and important disclosures

Mar 8 2024, 07:25 GMT

Download