Companies
FBD ups pre-tax profit projection to €80m for 2023
Insurer expects its full-year financial performance will be ahead of market expectations after strong underwriting performance last year
“Favourable underwriting performance” from Irish-owned insurer FBD has boosted performance beyond expectations, the company revealed in an announcement late on Tuesday.
The company said its full year results, which cover 2023 and are due to be released on March 8, should beat market expectations with profit before tax of €80 million.
The announcement came minutes before market close leaving the share price unmoved. FBD shares are down 4.5 per cent over the last 12 months ...
