Highlights 3rd quarter 2007 - Weak quarter, strong year

Report this content

- Gross subscriptions of 3.1 billion kroner, bringing the year to date total up to 16.9 billion kroner (14.9 billion kroner year to date in 2006)
- Quarterly operating earnings of 122 million kroner, bringing the year to date total up to 702 million kroner (670 million kroner year to date in 2006)
- Recurring revenues of 69 million kroner in the quarter, the highest level ever, with a coverage factor to fixed cost of 56%
- Assets under management of 82 billion kroner at quarter end is the highest level ever
- Successful launch of infrastructure as new asset class
- Acta successfully attracts new branch managers, advisors and trainees in challenging labour markets - 402 at the end of the quarter is the highest level ever, up from 305 at year end 2006
 
A complete English version of the interim report and the presentation of the 3rd quarter of 2007 are attached on www.newsweb.no and on Acta's Investor Relations web pages www.acta.no.
 
 
Oslo, 31 October 2007
Acta Holding ASA
 
Christian Tunge
Chief Financial Officer
+47 450 65 850
christian.tunge@acta.no