• Operating income increased by 103 % (-6.7 %) to SEK 123.9 million (SEK 61.1 m). • The profit after tax was SEK 55.3 million (SEK 20.4 m). • Earnings per share increased to SEK 2.01 (SEK 0.75). • Net deposits totalled SEK 2,320 million (SEK 1,540 m), corresponding to 7.8 % (9.5 %) of the total value of custodian accounts at the beginning of the year. Comments from the Managing Director “We can look back now on a record quarter, both in terms of growth and of result. Net deposits totalled over SEK 2,300 million, providing important proof of the fact that more and more customers are seeing the benefits of saving with Avanza. Interest in mutual funds and pension savings was particularly pronounced, and Avanza’s customers totalled 210.000 mutual fund commission notes during the quarter,” says Nicklas Storåkers, Managing Director of Avanza. “March saw the launch of our occupational pension, so customers can now group all of their savings - everything from active share trading to occupational pensions - under the Avanza umbrella. The common denominator for all of our products is that we offer the market’s lowest charges, and Avanza is now assuming the role of the Savers’ Bank. We have every confidence that broadening the scope of our operations in this way offers us truly excellent potential for growth. “We will be introducing a number of other new products in the shares, mutual funds, and pension savings sectors during the remainder of the year, starting this spring with the launch of new pension savings solutions and our own mutual fund.” For additional information, please contact Nicklas Storåkers, Managing Director of Avanza, tel: +46 70 861 80 01.
