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Interim Report January-June 2003

Increased business volumes and strengthened market positions
  • Operating result for the second quarter, SEK 1,973 M, was higher than for the previous four quarters
  • Operating result for the first six months including pension compensation decreased by 6 per cent, to SEK 3,765 M, whereas the result excluding pension compensation increased by 1 per cent, to SEK 3,447 M
  • Total costs for the first six months decreased by 6 per cent
  • Credit losses remained low
  • Return on equity was 11.6 per cent (12.3) and earnings per share SEK 3.80 (3.88).
The full report including tables can be downloaded from the enclosed link.