Triglav Group stock gained 2.69 percent on October 5, 2026

Published on 10/05/2026 at 20:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Triglav Group stock traded at EUR 68.80 on the Ljubljana Stock Exchange on October 5, 2026, with a EUR 1.56 billion market value. H1 business volume rose 13 percent, but net earnings declined.

Triglav Group, SI0021111651, Illustration mit AI erstellt.

Triglav Group stock (ISIN SI0021111651) gained 2.69 percent to EUR 68.80 on the Ljubljana Stock Exchange on October 5, 2026. The move came as the insurer's latest interim figures showed higher business volume but lower earnings, leaving the balance between growth and profitability central for shareholders.

Business volume reaches EUR 1,198.7 million

According to Triglav Group, total business volume rose 13 percent year over year to EUR 1,198.7 million in H1 2026. Growth was supported by premium increases across the regional markets, with Italy recording the strongest increase.

The earnings picture was less favorable. Earnings before tax reached EUR 105.2 million in H1 2026, compared with EUR 109.6 million in H1 2025, while net earnings declined to EUR 85.7 million from EUR 91.4 million, according to Triglav Group.

Profit guidance remains EUR 170 million to EUR 190 million

Triglav reaffirmed its 2026 earnings before tax guidance at EUR 170 million to EUR 190 million in the H1 update. The outlook matters because first-half earnings before tax were 4 percent below the prior-year figure, while the combined ratio widened to 93.9 percent from 88.2 percent.

Capital strength provides a counterweight to the weaker earnings comparison. Triglav reported an estimated capital adequacy ratio of 207 percent as of June 30, 2026, within its target range of 200 percent to 250 percent, while annualized return on equity stood at 16.5 percent versus 19.2 percent a year earlier.

Analysts see EUR 71.50 as average target

Investing.com lists a Strong Buy consensus for ZVTG from two analysts, with two Buy ratings, no Hold ratings and no Sell ratings. The average 12-month price target is EUR 71.50, with a high estimate of EUR 79.00 and a low estimate of EUR 64.00.

At EUR 68.80, the average target lies 3.92 percent above the October 5 price. The target range shows that the published analyst view is positive overall, but it also spans EUR 15.00 between the low and high estimates.

Triglav Group stock stays near its yearly high

Triglav Group stock was last at EUR 68.80 on the Ljubljana Stock Exchange on October 5, 2026, after opening at EUR 66.40 and reaching the same EUR 68.80 level as its daily high. Trading volume was 9,262 shares, and market capitalization stood at EUR 1.56 billion.

The 52-week range was EUR 54.80 to EUR 71.40, placing the stock 3.64 percent below its yearly high. Investing.com lists November 18, 2026, as the next earnings date, giving the market a defined checkpoint for the group's guidance and profitability trend.