Nordic Business Report-April 11, 2006-Avanza posts Q1 pre-tax profit of SEK76.1m
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The Swedish online broker Avanza issued its first quarter report on Tuesday (11 April), posting a pre-tax profit of SEK76.1m, as compared to SEK27.6m in the first quarter of 2005.
The operating income amounted to SEK123.9m, up by 103% from SEK61.1m in the first quarter of last year.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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