Stock exchange announcement number 2 – 2007
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.
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