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Storebrand ASA Earnings Release 2016

Mar 24, 2017

3766_10-k_2017-03-24_dfbaeb7e-77ca-41a0-a5da-5c87c28d9a2a.html

Earnings Release

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Storebrand Boligkreditt AS

Storebrand Boligkreditt AS

Annual report 2016

The company's operating profit before losses for 2016 was NOK 48 million (NOK

141 million). Net losses on lending represented costs of NOK 0.1 million (cost

of NOK 2 million), in which group write-downs were reduced by NOK 0.6 million

(cost of NOK 0.2 million). The annual profit after tax for Storebrand

Boligkreditt AS was NOK 36 million, compared with NOK 102 million for 2015.

For further information contact:

CEO, Åse Jonassen, mobile +47 415 77 397

Head of IR, Kjetil Ramberg Krøkje, mobile +47 934 12 155