Hitt og þetta 25. apríl 2006

(IFN) Kaupthing-owned Norvestia doubles profit in Q1

(Helsinki) IFN Finnish investment company Norvestia Oyj, part of Icelandic bank Kaupthing Bank, reported on Tuesday an operating profit of EUR14.7m for the financial quarter January-March 2006.

Operating profit for the three-month period increased from EUR7.3m in the corresponding period in 2005.

Profit for the period increased to EUR13.9m from EUR5.6m in January-March 2005.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).


Icelandic Financial News (IFN) is available on Factiva, a joint venture between Reuters and Dow Jones Newswires, FT.COM, LexisNexis, Comtex, Gale and Thomson via the Nordic Business Report.