H1 INTERIM REPORT 2008
Totalkredit A/S
(1 January - 30 June 2008)
H1 - IN BRIEF
- Profit growth relative to H1/2007
- Core income was DKK 745m - an increase of 24%
- Core earnings after impairment losses were DKK 541m - up 21%
- The investment portfolio generated a loss of DKK 62m against a loss of DKK
10m in the same period the year before
- Nominal Danish mortgage lending increased by DKK 22bn to DKK 385bn
- Totalkredit's market share within private residential mortgages now totals
30.6%
- Due to negative investment portfolio income, the forecast profit before tax
for the year is changed from DKK 1,100m to DKK 1,000m
