Nordnet Interim Report January-June 2018

Nordnet today publishes its interim report for January-June 2018. The full report is available at nordnetab.com.

Highlights during the quarter 

  • Nordnet passed 700,000 customers, corresponding to customer growth of 17 percent growth in one year
  • Nordnet launches aggregator service providing savers a comprehensive overview of their savings, regardless of which bank they are held in
  • Nordnet's new Android app launched in all Nordic markets

Financial results in brief, April-June 2018 

  • Operating income increased by 7 percent, amounting to SEK 316.6 million (296.9)
  • Operating profit decreased by 27 percent to SEK 31.3 million (43.0)
  • Profit after tax for the period decreased by 22 percent to SEK 29.1 million (37.3)
  • The number of new customers increased by 19,500 during the quarter
  • Net savings amounted to SEK 5.6 billion (5.6)

Financial results in brief, January-June 2018 

  • Operating income increased by 6 percent, amounting to SEK 657.5 million (620.7)
  • Operating profit decreased by 47 percent to SEK 74.9 million (142.7)
  • Profit after tax for the period decreased by 49 percent to SEK 60.9 million (118.3)
  • The number of new customers increased by 17 percent to 718,000 (616,100)
  • Net savings amounted to SEK 17.2 billion (9.2)

For more information, please contact:
Johan Tidestad, Head of Communications
+46 708 875 775, johan.tidestad@nordnet.se

Nordnet is a bank for investments and savings with business in Sweden, Denmark, Finland and Norway. The idea behind Nordnet is to give customers control of their money, and the goal is to become the no. 1 choice for investments and savings in the Nordics. Visit us at www.nordnetab.comwww.nordnet.sewww.nordnet.nowww.nordnet.dk or www.nordnet.fi.

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Nordnet is a bank for investments and savings with business in the Nordics. Nordnet Bank AB, registered in Stockholm, no. 516406-0021 www.nordnetab.com