Thursday June 4, 2020

Market Week

FBD kicked off another week of earnings with a bumper result for 2011.

11th March, 2012
2
Andrew Langford, FBD.

FBD kicked off another week of earnings with a bumper result for 2011.

The general insurer reported net profits of €51 million, versus a €3 million loss for 2010, due largely to favourable weather. The company also grew volume for the first time since 2007, while increasing its market share for the fourth time in five years. Shareholders, accustomed to large payouts, will be looking forward to a healthier dividends, as the board is putting it...

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