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DNB - DNB ASA News Story

NOK179.55 -2.7  -1.5%

Last Trade - 11/05/21

Sector
Financials
Size
Large Cap
Market Cap £24.18bn
Enterprise Value £55.87bn
Revenue £4.98bn
Position in Universe 30th / 1836

UPDATE 2-NORDIC STOCKS - Factors to watch on July 11

Thu 11th July, 2013 7:50am
(Updates Getinge, Norwegian Air Shuttle) HELSINKI, July 11 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday: GETINGE  GETIb.ST  Swedish medical technology group Getinge posted a small drop in second-quarter profits that was roughly in line with expectations, and said the earnings outlook for 2013 was favourable.    For more on the company, double click  GETIb.ST  DNB  DNB.OL  Norway's largest bank DNB warned of weakening loan demand in its home market, especially in the in the corporate sector, as it reported second-quarter results that beat expectations. Its net profit fell to 3.80 billion Norwegian crowns ($620.1 million) from 4.61 billion at the same time last year, beating the 3.67 billion seen in a Reuters poll of analysts. ID:nL6N0FH0A3  For more on the company, double click  DNB.OL  FRED. OLSEN ENERGY  FOE.OL  Norwegian offshore oil drilling firm Fred. Olsen Energy posted second-quarter earnings ahead of expectations on Thursday and said the market outlook remained positive.  Its earnings before interest, taxes, depreciation and amortisation (EBITDA) fell to 935 million Norwegian crowns from 942 million a year earlier, beating expectations for 870 million crowns in a Reuters poll.  ID:nL6N0FE2TD  For more on the company, double click  FOE.OL  NORWEGIAN AIR SHUTTLE  NWC.OL  Fast-growing Nordic budget airline Norwegian Air raised its capacity forecast as it presented quarterly profits that grew more than expected.   Norwegian said its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 574 million Norwegian crown from a 410 million a year ago, beating expectations for 541 million.  For more on the company, double click  NWC.OL    ROYAL UNIBREW  RBREW.CO  Danish beverages group Royal Unibrew will buy Dutch brewer Heineken's  HEIN.AS  Finnish unit Hartwall, the companies said. The transaction was based on an enterprise value of about 470 million euros ($604.30 million), they said. For more on the company, double click  RBREW.CO  ** For a summary of upcoming results and forecasts, double click on  NORD/EQTY  ** For the western European company diary covering earnings, shareholder meetings, news conferences and analysts' meetings, click on  WEU/EQUITY  or type in the code and hit the f9 button. ** Double click on  0#.INDEX.ST  for Swedish indices, 0#.INDEX.CO  for Danish indices,  0#.INDEX.HE  for Finnish indices and  0#.INDEX.OL  for Norwegian indices ** For real-time moves on Nordic blue-chip indices double click on  .OMXS30 ,  .OMXH25 ,  .OMXC20  and  .OBX  ** For constituent stock moves highlight the above codes in the command box and press the f3 button on your keyboard ** For Nordic top news items, double click on  TOP/NORD  ** For the latest news on Nordic stock price moves double click on  HOT-NORD-RTRS  (Additional reporting by Copenhagen, Oslo and Stockholm newsrooms)  ($1 = 6.7583 Swedish crowns) ($1 = 0.7778 euros) ($1 = 6.1281 Norwegian krones) (Reporting by Helsinki Newsroom) ((news@reuters.fi)(+358 9 6805 0244)) Keywords: MARKETS NORDICS FACTORS/
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