Stock Exchange Announcement No. 17 - 2006
Realkredit Danmark today published its report for the first nine months of 2006.
Highlights are shown below: The Realkredit Danmark Group recorded a pre-tax profit of DKr2,344m for the first nine months of 2006, against DKr2,502m for the same period in 2005.
The result was in line with expectations.
Income totalled DKr3,126m, against DKr3,326m in the first nine months of 2005.
In the first nine months of the year, the outstanding nominal bond debt on mortgage lending rose by DKr35bn to DKr598bn.
The Group’s market share of net new lending rose to 29.
5% in the first nine months of 2006 from 27.
5% in 2005.
The market share of the loan portfolio was 32.
8% at September 30, 2006, against 33.
4% at the end of 2005.
For 2006, the pre-tax profit is still expected to be at around the same level as in 2005.