Interim Report January-March 2008
Challenging market environment yet positive development in Asset ManagementJanuary – March 2008• Total income increased by 12 per cent and amounted to SEK 918m (819). Adjusted for Max Matthiessen income decreased by 6 per cent.• Total expenses before profit share amounted to SEK 591m (455). Adjusted for Max Matthiessen and non-recurring items expenses amounted to SEK 469m (455).• Operating profit amounted to SEK 181m (192), corresponding to an operating profit margin of 20 per cent (23).• Net profit decreased by 4 per cent and amounted to SEK 127m (132), corresponding to profit per