Codan Limited Provides Earnings Guidance for the Six Months ending December 31, 2016 and full year 2017
November 24, 2016 at 12:48 am EST
Codan Limited provided earnings guidance for the full year 2017 and six months ended December 31, 2016. For the six months ended 2016, the company now expects the underlying net profit after tax to be in the range of $20 million to $22 million.
For the year 2017, the company expects the underlying net profit after tax to be in the range of $30 million to $32 million, an increase of at least 42% over the year 2016 underlying profit of $21.1 million.