Added to YB: 2026-03-05
Pitch date: 2026-03-03
LDA.MC [neutral]
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros
+2.59%
current return
Author Info
Company Info
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal.
Market Cap
EUR 1.3B
Pitch Price
EUR 1.16
Price Target
N/A
Dividend
3.38%
EV/EBITDA
11.10
P/E
N/A
EV/Sales
1.12
Sector
Insurance
Category
dividend
Direct Line FY2025: profitability back to square one... but improved
DLG.MC (earnings): FY25 premiums +11.3% to €1.13B, net profit +33.5% to €85.7M, 22.9% RoAE on 92.6% combined ratio (-2.1pts). Record 3.73M customers (+8.5%). Auto 92.8% combined (73% revenue), Home 87.1%, Health nearing breakeven. 91% digital engagement, 9% fully digital policies, 64% AI-resolved chats. Solvency 182.6%, €45M dividend (53% payout). Mgmt targets 92-93% combined via efficiency gains. Key risks: auto concentration, claims inflation, pricing pressure.
Read full article (9 min)