FBD Holdings

Strong execution

  • Sectors : Insurance
  • Companies : FBD Holdings

Ratings and price correct at time of issue.

  • FBD Holdings

    Closing Price: 1295c

  • RATING 01/09/17

  • PREVIOUS RATING 29/02/16

    NEUTRAL

DAVY VIEW

FBD continues to execute its strategy strongly. This is evident via ongoing increases in gross written premium (GWP) across its business lines and cash returns via ordinary and special dividends. This has been achieved while maintaining a robust capital position – as evidenced by its current Solvency Capital Ratio (SCR) post January’s adverse weather events. We increase forecasts for 2025 and 2026 and raise our price target to €15.60 (from €14.90), retaining our ‘Outperform’ rating.

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May 16 2025, 07:20 IST/BST

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