“Customer growth was strong during the quarter, and we are seeing great interest in Avanza Auto. Fund commissions were also strong, but trading income was again affected by low volatility and a risk aversion among customers. At the same time, the number of commission-paying customers was record high. The pension business performed strongly, and we welcome the government’s proposal to make it easier to transfer pension savings.”
| Q3 | Q2 | Change | Q3 | Change | Jan–Sep | Jan–Sep | Change | |
| 2017 | 2017 | % | 2016 | % | 2017 | 2016 | % | |
| Operating income, SEK m | 229 | 236 | –3 | 220 | 4 | 711 | 671 | 6 |
| Operating expenses, SEK m | –125 | –133 | –6 | –98 | 27 | –384 | –323 | 19 |
| Operating profit, SEK m | 104 | 103 | 1 | 122 | –15 | 327 | 348 | –6 |
| Net profit, SEK m | 89 | 89 | 0 | 105 | –16 | 280 | 298 | –6 |
| Earnings per share, SEK | 2.97 | 2.97 | 0 | 3.53 | –16 | 9.40 | 10.06 | –7 |
| Operating margin, % | 45 | 44 | 2 | 55 | –10 | 46 | 52 | –6 |
| Net inflow, SEK m | 5,900 | 8,710 | –32 | 5,920 | –0 | 23,200 | 20,300 | 14 |
| No. new customers (net) | 31,200 | 27,900 | 12 | 24,500 | 28 | 97,500 | 73,700 | 32 |
| Savings capital at the end of the period, SEK m | 272,000 | 261,600 | 4 | 222,900 | 22 | 272,000 | 222,900 | 22 |
This information is information that Avanza Bank Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 08.15 (CEST) on 19 October 2017.
This Interim Report is published in Swedish and English. In the event of any difference between the English version and the Swedish original, the Swedish version shall prevail.
