Market announcement
AS LHV Group
LEI code
529900JG015JC10LED24
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
6872
Attachments
Submission date and time
11.09.2018 08:00:00
Content of announcement in Estonian
Title
LHV Groupi 2018. aasta augusti tulemused
Message
AS LHV Group teenis augustis konsolideeritud puhaskasumit 2,4 miljonit eurot, AS LHV Pank teenis 1,8 miljonite eurot ja AS LHV Varahaldus 0,7 miljonit eurot. LHV Groupi juhataja Madis Toomsalu kommenteeris: "Augusti tulemusi iseloomustas klientide arvu kiire kasv koos rekordilise aktiivsusega. Panga klientide arvu suurenemisele 2400 võrra aitas kaasa Noortepanga edukas turuletoomine, mille puhul ootame häid tulemusi Noortekaardi ja mikroinvesteerimise teenuse kasutamisel. Laenuportfelli maht kasvas 7 miljoni euro võrra, mis tulenes jaelaenude kasvust. Ettevõtete laenude portfellis kasvas allkirjastatud, kuid veel väljastamata laenude maht rekordilise tasemeni. Hoiuste maht edestab finantsplaani, fondide maht on plaanist veidi maas. Augusti laiapõhjalist tulubaasi suurendasid institutsionaalse panganduse tulud ja kahandasid kuu jooksul tehtud allahindlused. Varahalduses järgnes aktiivsele müügiperioodile rahulikum august. Grupi finantsplaan püsib, mais uuendatud plaani edestame kasumi osas 1,8 miljoni euro võrra." AS-i LHV Group aruanded on saadaval aadressil: https://investor.lhv.ee/et/aruanded (https://www.globenewswire.com/Tracker?data=F1lRALucFMuDh- 9u2H46lJW48zgaQGc8JnXx7NaCpb3k4AugaTfldvbYsLMaHaI_CAGO9l- PKc6wYkpn0iV1zztR83UZ2AQGPbzbXbzaSdbJJMViCvUsZx6myO6wXgO4). LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab ligi 380 inimest ja LHV pangateenuseid kasutab 151 000 klienti. LHV hallatavatel pensionifondidel on üle 178 000 aktiivse kliendi. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] Manus * LHVGroup 2018-08 Investoritele EST (https://prlibrary- eu.nasdaq.com/Resource/Download/4da45c65-6801-4b6f-909f-ff5101c979f5)
Content of announcement in English
Title
LHV Group’s August results 2018
Message
AS LHV Group posted a consolidated net profit of EUR 2.4 million in August. AS LHV Pank posted a net profit of EUR 1.8 million and AS LHV Varahaldus EUR 0.7 million. Comments by Madis Toomsalu, CEO of LHV Group: "August results were defined by the rapid growth of customer base with record activity. The addition of 2,400 new banking customers was helped along by the successful launch of Youth Bank products; we are expecting high usage of the new Youth bank card and micro investing. Loan portfolio increased by 7 EURm, that came from retail loans. In the corporate loan portfolio, signed but not yet paid out loans reached record levels. Deposit volume is exceeding the financial plan, volume of funds managed by LHV is a bit behind the plan. The broad August income base was supported by higher revenues from institutional banking and decreased by impairments made during the month. In asset management, active sales were followed by a calmer month. The group's financial plan updated in May remains valid, cumulative net profit is 1,8 EURm higher than planned." Reports of AS LHV Group are available at https://investor.lhv.ee/en/reports (https://www.globenewswire.com/Tracker?data=F1lRALucFMuDh- 9u2H46lJW48zgaQGc8JnXx7NaCpb3knNBYqEplXoYdzX_dGwi30PfPtvbmLzg7DYQmZZPXFpsDYdoRR4 fFUGR1xZFBdUQRZb7YQD37u6Qt-UamT4n_). LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are AS LHV Pank and AS LHV Varahaldus. LHV employs about 380 people and over 151,000 customers use LHV's banking services. Pension funds managed by LHV have over 178,000 active customers. Priit Rum Communication Manager Phone: +372 502 0786 Email: [email protected] Attachment * LHVGroup 2018-08 Investoritele EN (https://prlibrary- eu.nasdaq.com/Resource/Download/56c1b4ee-f8fa-49ef-b7d3-0e4d6839f2be)