English (United States)

Interim Report for H1 2019 for Spar Nord Bank A/S

Spar Nord achieved a profit after tax of DKK 546
million in H1 2019, which corresponds to an annualised return on equity of 12.4%. The financial performance is considered highly satisfactory, not least
given the fact that the financial statements for H1
of last year included positive non-recurring items
of approximately DKK 250 million, while positive
non-recurring items in 2019 only came to approximately DKK 30 million, implying an underlying improvement in pre-tax profit of about DKK 170 million

Ole Madsen

Senior Vice President, Communication & Business Development
My key task is to ensure that at all times Spar Nord makes fair, relevant and timely information available for the Bank’s stakeholders. Please feel free to call or write me if you have any questions or comments.
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