Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Record profits for Nordea

Share this article

12:45 CET+01:00
Nordic bank Nordea made a profit before tax of 3 billion euros, or 28 billion kronor, in 2005. That represents an improvement of 11% on the previous year and means that with all business areas combined, 2005 was the bank's best year ever.

Operating profit for the final quarter of the year was 748 million euros, compared to 677 million in 2004. The average prediction from forecasts, according to Reuters, was a profit of 679 million euros.

The board is proposing raising the dividend to 0.35 euros per share from 0.28 euros per share.

Get notified about breaking news on The Local

Share this article

Advertisement
Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement