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Gjensidige Forsikring (GJNSY)
OTHER OTC:GJNSY
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.24Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong financial and operational positives: double-digit revenue growth, improved combined ratio, high ROE, a robust solvency ratio and a sizable dividend proposal. These were tempered by one-off IT write-downs and restructuring costs (NOK 502m), weather-related large losses (Storm Amy, NOK 349m), some headline cost-ratio pressure and uncertainty around long-term core IT decisions. On balance, the positives (recurring profitability, capital strength, growth and operational progress) outweigh the lowlights, which are largely one-time or manageable.Company Guidance
Strong profitability and return on equity
Profit before tax of NOK 1.754 billion in Q4; return on equity of 27.3% for the year.
Revenue growth
Insurance revenues grew 10.4% in Q4 in local currency and 11.5% for the year, driven by pricing measures and volume growth across Private and Commercial segments.
Improved combined ratio and loss metrics
Full-year combined ratio improved by 2.5 percentage points to 83.4%; adjusted Q4 combined ratio 83.8%; underlying frequency loss ratio improved by 0.7 percentage points (Q4).
Dividend proposal reflecting capital strength
Board proposed total dividend of NOK 7.250 billion (regular NOK 5.0 billion = NOK 10/share, +11% VS 2024; special NOK 2.25 billion = NOK 4.5/share). Regular dividend payout ratio equivalent to 76%.
Solid capital position and solvency
Solvency ratio of 188% at year-end; sale of Baltics expected to add ~5 percentage points in Q1 2026; Tier 2 capital and operating earnings contributed positively.
Cost control and operational efficiency
Adjusted insurance service result was up ~8% in Q4 after excluding NOK 502 million one-off expenses; excluding these items, Q4 cost ratio improved by 0.8 percentage points and full-year adjusted cost ratio was 11.5% (reported 12.7%).
Investment returns and pension growth
Investments returned NOK 482 million in Q4; match portfolio returned ~50 bps and free portfolio ~70 bps in the quarter. Unit-linked business added ~18,000 occupational members and >NOK 17 billion AUM year-on-year.
High customer retention and digital progress
Retention in Norway at 91%; retention outside Norway at 84%; Commercial Denmark retention improved from 85% to 86%. Digital distribution and automation improved, with higher digital sales and improved automated claims processing.
GJNSY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GJNSY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $28.43 | $28.44 | +0.02% |
Oct 24, 2025 | $28.11 | $26.58 | -5.44% |
Jul 11, 2025 | $25.94 | $27.89 | +7.52% |
Apr 29, 2025 | $23.65 | $22.93 | -3.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gjensidige Forsikring (GJNSY) report earnings?
Gjensidige Forsikring (GJNSY) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Gjensidige Forsikring (GJNSY) earnings time?
Gjensidige Forsikring (GJNSY) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GJNSY EPS forecast?
Currently, no data Available