Gjensidige Forsikring Asa Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 25, 2019 at 02:01 pm EST
Gjensidige Forsikring ASA announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net income was NOK 1,304.3 million compared to NOK 1,003.8 million a year ago. Basic earnings per share was NOK 2.61 compared to NOK 2.01 a year ago. Basic earnings per share from continuing operations was NOK 2.59 compared to NOK 1.64 a year ago. For the full year, net income was NOK 3,717.6 million compared to NOK 4,523.1 million a year ago. Basic earnings per share was NOK 7.44 compared to NOK 9.05 a year ago. Basic earnings per share from continuing operations was NOK 6.77 compared to NOK 8.13 a year ago.