Edition:
United Kingdom

Avanza Bank Q4 Operating Profit Falls To SEK 111 Mln


Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Avanza Bank Holding AB ::PRELIMINARY FINANCIAL STATEMENT 2018.OPERATING EXPENSES DECREASED BY 2 PER CENT, MAINLY DUE TO LOWER MARKETING EXPENSES..PROPOSES A DIVIDEND OF SEK 10.50 (10.50) PER SHARE.Q4 OPERATING INCOME SEK 267 MILLION VERSUS SEK 271 MILLION YEAR AGO.WIDENED COST GUIDANCE SLIGHTLY TO AN ANNUAL COST GROWTH OF 9-12%.RAISING LONG-TERM AIM TO CUT COST TO SAVINGS CAPITAL RATIO FROM 0.20% TO NEARLY 0.16%,.Q4 OPERATING PROFIT SEK 111 MILLION VERSUS SEK 114 MILLION YEAR AGO. 

Company Quote

85.7
1.7 +2.02%
19 Jul 2019