2007
Second quarter report 2007 DnB NOR Bank ASA
Second quarter report 2007 DnB NOR Bank ASA
Financial highlights
Second quarter 2007
· Pre-tax operating profits before write-downs were up 21.2 per cent to NOK 3.5 billion (2.9)
· Profits were NOK 2.5 billion (2.4)
· Expenses were reduced to 48.9 per cent of income (51.8)
· Return on equity was 17.2 per cent (19.0)
· The core capital ratio was 7.3 per cent (7.2)
First half 2007
· Pre-tax operating profits before write-downs were up 12.5 per cent to NOK 6.9 billion (6.1)
· Profits were NOK 4.9 billion (4.9)
· Expenses were reduced to 49.2 per cent of income (50.1)
· Return on equity was 17.4 per cent (19.5)
· The core capital ratio was 7.3 per cent (7.2)
Investor Relations
Investor Relations
Supplementary Information for Investors and Analysts
2007 Second Quarter Results
DNB NORS PREMISES AT AKER BRYGGE SOLD TO NORWEGIAN PROPERTY ASA
DNB NORS PREMISES AT AKER BRYGGE SOLD TO NORWEGIAN PROPERTY ASA
DnB NORs premises at Aker Brygge sold to Norwegian Property ASA DnB NOR's premises at Aker Brygge in Oslo is today sold to Norwegian Property for NOK 1 740 million. Complete statement on www.newsweb.no DnB NOR's premises at Aker Brygge in Oslo is today sold to Norwegian Property for NOK 1 740 million. The sale is representing just over 31 700 square metres of commercial property at Aker Brygge. The sum includes lease agreements for offices and shopping areas. This gives a yield of 4.45 per cent the first year with existing lease agreements. Both Norwegian and international potential buyers has taken part in the process. After todays transaction of Aker Brygge, DnB NOR will focus on the sale of the remaining bank buildings within the Group in Norway. Buildings planned to be sold in autumn, are: Oslo: Lørenfaret 1B, Lørenfaret 1A, Lørenfaret 3, Kirkegaten 18, Ãvre Slottsgate 3, Tollbugt. 30, Kong Kvart. Bergen: Lars Hillesgt. 30 AS and Torgalmenningen 2. Rest of Norway: Gotaasalleen 7, Jessheim, Hesselberggt. 4, Skien, Nygaardsgt. 55, Fredrikstad, Torggt. 6, Sarpsborg, Møllegt. 9, Tønsberg, Bragernes Torg 11, Drammen, Kongensgt. 15, Ålesund, Peder Thomassonsgt. 12, Arendal, Dronningensgt. 19, Moss, Torvet 5, Larvik, Sjøgt. 5, Harstad, Kirkeveien 1, Ski and Moloveien 16, Bodø. Contact persons in DnB NOR: Chief Investment Officer Bjørn Berg, +47 90563253 Senior Vice President Tore Dyrdahl, +47 90752788 http://www.newsweb.no/index.jsp?messageId=155986
DNB NORS PREMISES AT AKER BRYGGE SOLD TO NORWEGIAN PROPERTY ASA
DNB NORS PREMISES AT AKER BRYGGE SOLD TO NORWEGIAN PROPERTY ASA
DnB NORs premises at Aker Brygge sold to Norwegian Property ASA DnB NOR's premises at Aker Brygge in Oslo is today sold to Norwegian Property for NOK 1 740 million. Complete statement on www.newsweb.no DnB NOR's premises at Aker Brygge in Oslo is today sold to Norwegian Property for NOK 1 740 million. The sale is representing just over 31 700 square metres of commercial property at Aker Brygge. The sum includes lease agreements for offices and shopping areas. This gives a yield of 4.45 per cent the first year with existing lease agreements. Both Norwegian and international potential buyers has taken part in the process. After todays transaction of Aker Brygge, DnB NOR will focus on the sale of the remaining bank buildings within the Group in Norway. Buildings planned to be sold in autumn, are: Oslo: Lørenfaret 1B, Lørenfaret 1A, Lørenfaret 3, Kirkegaten 18, Ãvre Slottsgate 3, Tollbugt. 30, Kong Kvart. Bergen: Lars Hillesgt. 30 AS and Torgalmenningen 2. Rest of Norway: Gotaasalleen 7, Jessheim, Hesselberggt. 4, Skien, Nygaardsgt. 55, Fredrikstad, Torggt. 6, Sarpsborg, Møllegt. 9, Tønsberg, Bragernes Torg 11, Drammen, Kongensgt. 15, Ålesund, Peder Thomassonsgt. 12, Arendal, Dronningensgt. 19, Moss, Torvet 5, Larvik, Sjøgt. 5, Harstad, Kirkeveien 1, Ski and Moloveien 16, Bodø. Contact persons in DnB NOR: Chief Investment Officer Bjørn Berg, +47 90563253 Senior Vice President Tore Dyrdahl, +47 90752788