Interim Financial Report Q1-Q3 2019

30.10.2019



Pre-tax profit: DKK 1,107m (Q1 - Q3 2018: DKK 787m) corresponding to a return of 8,1% p.a. on average equity (Q1 - Q3 2018: 6.5% p.a.).

Net profit for the period: DKK 864m (Q1 - Q3 2018: DKK 634m) corresponding to a return of 6.3% on average equity (Q1 - Q3 2018: 5.3% p.a.).

Core profit: DKK 1,107m (Q1 - Q3 2018: DKK 1,194m).

Core expenses amounted to DKK 233m, falling by DKK 319m relative to Q1 - Q3 2018, which decline can chiefly be attributed to the intra-group settlement model.

Ordinary impairment charges affected core profit by DKK 5m (Q1 - Q3 2018: DKK -44m).

At the end of Q3 2019, the capital ratio and the Core Tier 1 capital ratio amounted to 22.2% (end of 2018: 22.1%).


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