Restatement of financial effects following the German Retail divestment
(Thomson Reuters ONE) -
Following our announcement of the restructuring of SEB's German business on July
12 2010, we today publish restated historical accounts divided into continuing
and discontinued operations. Some minor changes have been made compared to the
pro forma information released in conjunction with the interim report for the
second quarter 2010.
The attached presentation outlines the restatement and encompasses the Group,
Merchant Banking and Retail divisions as well as the geographical dimension for
full year 2009. The presentation also contains quarterly figures from the first
quarter 2008 until the second quarter 2010. There are also key facts such as
volumes, cost-income ratio and return on equity for the second quarter 2010
isolated and the full-year results of 2009.
For further information, please contact Press contact
Ulf Grunnesjö, Head of Investor Ola Kallemur, Group Press Officer
Relations, +46-8-763 9947, +46-76-397 5466
+46-8-763 85 01, +46-70-763 85 01
--------------------------------------------------------------------------------
SEB is a leading Nordic financial services group. As a relationship bank, SEB in
Sweden and the Baltic countries offers financial advice and a wide range of
financial services. In Denmark, Finland, Norway and Germany the bank's
operations have a strong focus on corporate and investment banking based on a
full-service offering to corporate and institutional clients. The international
nature of SEB's business is reflected in its presence in 20 countries worldwide.
On 30 June 2010, the Group's total assets amounted to SEK 2,318bn while its
assets under management totalled SEK 1,328bn. The Group has about 20,000
employees. Read more about SEB at www.sebgroup.com.
[HUG#1450790]
Restate German Retail divestment:
http://hugin.info/1208/R/1450790/392071.pdf
Press release PDF:
http://hugin.info/1208/R/1450790/392070.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SEB via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 11.10.2010 - 13:01 Uhr
Sprache: Deutsch
News-ID 44981
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