Danske Bank Group - Net profit of DKr0.8bn (€0.1bn) for the first quarter of 2010

Danske Bank today announced its financial results for the first quarter of 2010. The interim report is available at www.danskebank.com. Highlights are shown below:- The Danske Bank Group posted a net profit of DKr0.8bn (€0.1bn) for the first quarter of 2010. Difficult macroeconomic conditions in several of the Group’s markets continued to have an adverse effect on results. - Income fell 30% to DKr12.1bn (€1.6bn) from the level in the first quarter of 2009. The fall was expected and was due mainly to extraordinarily high net trading income in the first quarter of 2009. - Expenses were down 7%