Scandinavian Investment Group (SIG) Q1 2025 earnings summary

Executive summary

• Net profit after tax for Q1 2025 was DKK 5.66 million, with all three business segments outperforming expectations.

• April 2025 saw a net loss after tax of DKK 2.2 million, bringing year-to-date profit to DKK 3.4 million.

• The company remains cautiously positioned due to high market volatility and shifting investor sentiment.

Financial highlights

• Q1 2025 net profit after tax: DKK 5.66 million (Q1 2024: DKK 6.14 million).

• Equity at end of Q1 2025: DKK 198.74 million (Q1 2024: DKK 188.72 million).

• Return on equity for Q1 2025: 2.94% (Q1 2024: 3.32%).

• Solvency ratio at Q1 2025: 65.3% (Q1 2024: 60.0%).

• Book value per share at end of April 2025: 4.28 (diluted).

Outlook and guidance

• Maintains 2025 guidance for return on equity of 10–15%, corresponding to after-tax profit of DKK 19–28 million.

• Management continues a cautious investment approach amid market uncertainty.