Stock exchange announcement number 2 – 2007
Realkredit Danmark reports pre-tax profit of DKr3,217m for 2006
Realkredit Danmark today announced its financial results for 2006. Highlights are shown below:
- In 2006, the Realkredit Danmark Group’s pre-tax profit was DKr3,217m, against DKr3,186m in 2005.
- Income totalled DKr4,283m, against DKr4,319m in 2005.
- In 2006, the nominal outstanding bond debt rose DKr46bn to DKr609bn.
- The market share of net new lending rose from 27.5% in 2005 to 28.7% in 2006. The market share of the loan portfolio was 32.8% at the end of 2006, against 33.4% at the end of 2005.
- For 2007, the profit before tax is expected to be 3-8% higher than in 2006.
Sven Holm, Chairman of the Executive Board, says: “The pre-tax result, which is slightly above last year’s level, is in line with expectations. The year was characterised by rising interest rates and a decline in refinancing activity, while net new lending was higher in 2006 than in 2005.”
Announcement of financial results 2006 - (pdf, 260kb)
Annual Report 2006 - (pdf, 1mb)
Contact: Sven Holm, Chairman of the Executive Board and Chief Executive Officer,
tel. +45 45 13 20 81.