End of year financial report for 2003 Nordnet AB (publ)
End of year financial report for 2003 Strong end to the year The year · Profit after tax for the year increased to SEK 28.9 (-18.2) million · Profit after tax per share for the year increased to SEK 0.19 (-0.12) · Revenues for the year increased by 12% to SEK 190.7 (171.0) million · Operating expenses for the year decreased by 18% to SEK -135.9 (-166.0) million · Profit before items affecting comparability*, goodwill amortisation and tax for the year increased to SEK 54.8 (5.0*) million · Profit before tax increased to SEK 41.2 (-18.7) million · No dividend suggested for the year 2003 The fourth quarter · The result for the fourth quarter was the strongest so far. Profit for the fourth quarter before goodwill amortisation and tax increased to SEK 21.3 (18.1) million · Strong development for Nordnet Norway, Nordnet Denmark and Aktiedirekt · The number of trades made by clients outside of Sweden continued to increase during the fourth quarter and amounted to 25 (10) % of all trades · A high level of activity during the fourth quarter with 9,400 trades per day, increased margin lending and strengthened client inflow *Items affecting comparability include one-off write-downs; merger and restructuring costs and other items affecting comparability. Future report releases The general annual meeting will take place on Wednesday 21 April 2004 at 18.00 at Salén Konferens, auditorium Forum, Norrlandsgatan 15, Stockholm. Prior to the general meeting a demonstration of the realtime trading application WinTrade will take place between 16.00-17.30. The annual report for 2003 is issued in March/April 2004 Interim report for January-March is published 21 April 2004 The annual general meeting is held 21 April 2004 Interim report for January-June 2004 is published 16 June 2004 Interim report for January-September 2004 is published 15 October 2004 Bromma, Sweden 10 February 2004 Klas Danielsson Chief Executive Officer For further information please contact Klas Danielsson at +46 8 506 33030, 0708-744574, klas.danielsson@nordnet.se Pictures available at: http://www.newsonline.nu/imgway/index.asp?pmid=34586 Nordnet AB (publ) P.O. Box 14077 S-167 14 Bromma Sweden Company registration number 556249-1687 This is a translation from the Swedish original and when in doubt the original shall always hold before the translated version. This report has not been subject to a general review by the company's auditors. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00080/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00080/wkr0002.pdf The full report http://www.waymaker.net/bitonline/2004/02/10/20040210BIT00080/bild.html Pictures