Source: www.reuters.com
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(Reuters) - Finnish insurer Sampo on Wednesday reported a smaller-than-expected drop in quarterly earnings, boosted by continuous good performance of it’s main subsidiary If and gains from selling stake and dividends from Nordea bank.
Sampo’s January-March pretax profit fell 10% to 566 million euros ($595.26 million), beating the 476.5 million euro mean estimate in a company provided poll.
($1 = 0.9508 euros)
Reporting by Essi Lehto, Editing by Louise Heavens