Linea Directa Aseguradora SA (ES:LDA) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Línea Directa Aseguradora reports a significant turnaround with a net profit of 25.4 million euros in the first half of 2024, marking a robust recovery from the previous year’s losses. The company’s strong performance is attributed to improved insurance margins, increased efficiency, and growth across all business lines, leading to the resumption of dividend payments with a distribution of 0.0138 euros per share.
For further insights into ES:LDA stock, check out TipRanks’ Stock Analysis page.