Storebrand ASA, 2Q Interim Result 2018: Strong Group result and continued growth
· Group result of NOK 812m for the 2nd quarter and NOK 1,743m year to date · Good growth in savings volume · Result positively affected by strong insurance results · Increased Solvency II ratio to 167% - Growth in Savings, combined with a strong insurance results and good cost control, contributes to the strong result in the 2nd quarter 2018. We are pleased with the results, says Group CEO Odd Arild Grefstad. Good growth in operating profit The operating profit for the second quarter was NOK 645m, an increase of 16% compared to the second quarter last year. Income grew