Q3 report 2013
In the third quarter of 2013, FIH continued the positive trend from the first half year with positive earnings within continuing operations. FIH continues to expect a full-year profit before loan impairment charges etc. and tax for continuing operations of DKK 200-250 million.
The solvency and liquidity were further strengthened in the third quarter, and FIH is a solid bank with low leverage. Further, FIH’s loans to customers are fully funded by deposits.
FIH complies with all five benchmarks of the Supervisory Diamond.
Results of continuing operations before taxation were DKK 71.8 million (Q1-Q3 2012: DKK -526,5 million) due to significantly lower loan impairment charges of DKK 90.1 million (Q1-Q3 2012: DKK 789,4 million).
FIH will host a conference call regarding Q1-Q3 2013 result on Wednesday 6th November 2013 at 15:30 CET (3:30 pm UK). Please call before 15:30 CET to allow a short registration.
A presentation of the Q1-Q3 2013 result is available here.
Conference dial-in details:
Danish local dial-in number: +45 3544 5580
Swedish participants will dial: +46 850556474
UK participants will dial: +44 2033645374
US participants will dial: +1 8557532230