Carlos Rodriguez Ugarte
Chief Financial Officer
Replay available
Linea Directa Aseguradora, S.A. (LNDAF) Q2 2026 Earnings Call
Linea Directa Aseguradora, S.A. (OTC: LNDAF) Q2 2026 earnings conference call, held 2026-07-27. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Beatriz Izard
Head of Investor Relations
Carlos Peixoto
Analyst, CaixaBank
Max Mission
Analyst, GB Capital
Juan Pablo
Analyst, Santander
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Linea Directa Aseguradora Sa.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.555 Good morning, everyone, and thank you for joining us today. 00:00:03.555 -- 00:00:09.381 We are pleased to welcome you to Línea Directa's first half 2026 results presentation. 00:00:09.381 -- 00:00:14.206 I am joined by our CFO, Carlos Rodriguez Ugarte, who will take you through the main highlights 00:00:14.206 -- 00:00:16.949 of the period, followed by the Q&A session. 00:00:16.949 -- 00:00:18.738 Carlos, over to you. 00:00:18.738 -- 00:00:22.999 Thank you very much, Beatriz, and good morning to everyone on the call. 00:00:22.999 -- 00:00:28.301 We are pleased to present a strong first half for Linea Directa, combining growth, 00:00:28.301 -- 00:00:32.822 improved technical margins, and a robust solvency position. 00:00:32.822 -- 00:00:37.658 Let me start with the key numbers for the period shown on the first slide of the deck. 00:00:37.658 -- 00:00:40.922 Gross return premiums reached 609.3 00:00:40.922 -- 00:00:45.065 million euros, up 9.2% year-on-year, 00:00:45.127 -- 00:00:48.931 with all business lines contributing to our growth. 00:00:48.931 -- 00:00:53.835 The portfolio stood at 3.86 million risk, 7.8% higher than in June 2025. 00:00:56.853 -- 00:00:59.414 Thank you very much. 00:01:14.990 -- 00:01:19.693 Net profit increased by 19% to 52.1 million 00:01:19.693 -- 00:01:24.955 euros, supported by higher volumes, better underwriting performance 00:01:24.955 -- 00:01:26.516 and efficiency. 00:01:26.516 -- 00:01:29.818 Return on equity stood at 23.3%, 00:01:29.818 -- 00:01:31.679 while the solvency-to-ratio 00:01:31.679 -- 00:01:35.961 qualified to 196.3%, already reflecting the 18 million first interim dividend for the 00:01:35.961 -- 00:01:37.961 year. 00:01:41.192 -- 00:01:45.535 I will now go through the main drivers of t...