Earnings Release • Jul 12, 2023
Earnings Release
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SpareBank 1 Sørøst-Norge: Fremtind Forsikring - result 2nd quarter 2023 and year to date.
SpareBank 1 Sørøst-Norge has an indirect share of 6,3 (5,8) % in SpareBank 1 Gruppen AS.
Fremtind is 65% owned by SpareBank 1 Gruppen AS. Fremtind's profit before tax as at 30 June 2023 was NOK 346 (706*) million and NOK 280 (525*) million after tax. Isolated for the 2nd quarter, Fremtind's result was NOK -19 (310*) million before tax and NOK 7 (233*) million after tax.
SpareBank 1 Sørøst-Norge share of Fremtind's profit before tax per 30 June was NOK 14 (27*) million.
*Figures in bracket indicate restated figures according to IFRS 17/IFRS 19 for the corresponding period in 2022.
Sandefjord, 12 July 2023
This information is mandatory according to § 5-12 of the Securities Trading Act.
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