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Linea Directa Aseguradora SA ( (ES:LDA) ) just unveiled an announcement.
Línea Directa Aseguradora reported a significant increase in net profit for the first quarter of 2025, reaching 20.8 million euros, which is a 106.1% rise compared to the previous year. This growth is attributed to an increase in revenue and client base, with issued premiums rising by 9.5% year-on-year. The company’s financial stability is reflected in its improved combined ratio of 92.3% and a strong return on average equity of 21.8%, indicating a solid financial profile and enhanced profitability.
More about Linea Directa Aseguradora SA
Línea Directa Aseguradora, S.A. is an insurance and reinsurance company that focuses on providing a variety of insurance products and services. The company is known for its strong market presence and commitment to client growth and loyalty.
YTD Price Performance: 16.12%
Average Trading Volume: 538,391
Technical Sentiment Signal: Sell
Current Market Cap: €1.36B
Learn more about LDA stock on TipRanks’ Stock Analysis page.