Jan Erik Gjerland, ABG Sundal Collier

First Securities ASA - Jan Erik Gjerland at ABG Sundal Collier

"Financial markets are weak today, and Storebrand is performing better," ABG Sundal Collier analyst, Jan Erik Gjerland, said on the share price drop despite the strong results. First Securities analyst Nils Christian Oyen said an increased equity proportion largely explained the good results, adding that a one off gain of 51 million crowns from acquiring shares in advisory firm Formuesforvaltning helped lift it. "They have an underlying improvement ..compared to previous quarters as financial markets are normalising," he said. The company said an increased exposure to equities and a reduced hedging programme lifted the quarterly results. "We have had a hedging programme to protect our equity against falling share prices. 

Swedbank AB (SWED A) - Jan Erik Gjerland at ABG Sundal Collier

"Financial markets are weak today, and Storebrand is performing better," ABG Sundal Collier analyst, Jan Erik Gjerland, said on the share price drop despite the strong results. First Securities analyst Nils Christian Oyen said an increased equity proportion largely explained the good results, adding that a one off gain of 51 million crowns from acquiring shares in advisory firm Formuesforvaltning helped lift it. "They have an underlying improvement ..compared to previous quarters as financial markets are normalising," he said. The company said an increased exposure to equities and a reduced hedging programme lifted the quarterly results. "We have had a hedging programme to protect our equity against falling share prices. 

Storebrand ASA (STB) - Jan Erik Gjerland at ABG Sundal Collier

"Financial markets are weak today, and Storebrand is performing better," ABG Sundal Collier analyst, Jan Erik Gjerland, said on the share price drop despite the strong results.