The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the Interim Report as at 31 December 2009. The Group's results before tax for the first quarter show a profit of DKK 40.7 million (DKK -343.6 million). After tax the Group's results show a profit of DKK 30.7 (DKK -283.6 million). The results are influenced by positive fair value adjustments and realised gains on securities of DKK 38.5 million (DKK -285.5 million) as well as negative exchange adjustments of debt to credit institutions of DKK 6.6 million. Basic earnings have increased from DKK 3.2 million to DKK 8.8 million, primarily as a consequence of lower losses and provisions on mortgage deeds. As a consequence of a positive securities market etc, the expected profit for the year before tax is upgraded from the range of DKK 55 - 62 million to the range of DKK 70 - 78 million. The expected profit for the year includes basic earnings of an unchanged DKK 34 - 38 million.
Investeringsselskabet Luxor A/S, Interim Report as at 31. December 2009
| Source: Investeringsselskabet Luxor A/S