Added to YB: 2026-04-29
Pitch date: 2026-04-27
LDA.MC [neutral]
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros
+1.82%
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 1.21
Price Target
N/A
Dividend
2.30%
EV/EBITDA
10.73
P/E
15.26
EV/Sales
1.14
Sector
Insurance
Category
growth
Línea Directa Insurance - 3M 2026 results
LDA.MC (earnings): Q1 2026 premiums hit record €303.2M (+10.2% YoY) w/ 3.8M policyholders (+8.5%). Net profit €23.4M (+12.3%) despite storm-driven claims spike. Combined ratio improved to 91.7% as expense ratio plunged to 19.0% (-2pp), offsetting claims rise to 72.7%. 92% customers digital; 66% claims via app = massive operating leverage. Health segment 124.2% ratio but improving 9pp/yr on scale. 190.6% solvency, 22.5% ROE.
Read full article (12 min)