REG - Nova Ljubljanska - 1st Quarter Results

Nova Ljubljanska Banka dd LjubljanaAnnouncement

08/05/2025 12:15

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RNS Number : 8909H  Nova Ljubljanska Banka d.d.  08 May 2025

Nova Ljubljanska Banka d.d.

May 8, 2025

 

 

Sound Start to 2025: NLB Group Reaches EUR 125.8 Million Net Profit in Q1

 

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the
Market Financial Instruments Act, relating to the Article 17 of the Regulation
(EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana, announces:

 

The first three months of 2025, the global economy experienced several
significant developments with a major focus on the enactment of the new U.S.
tariffs. During this period that challenged the resilience of businesses, NLB
Group delivered a solid result of EUR 125.8 million in net profit, with
strategic members contributing 62% to the result, further confirming the
importance of the Group's business diversification.

 

In a period of increased unpredictability, however, not only business variety
but also strategic flexibility remain key differentiating factors. Continued
strong performance in the near term enables structural investments to
strengthen the company's competitive moat. At the same time, NLB's primary
focus continues to be in delivering on the promise of creating substantial
value for shareholders. In 2025, the bank retains 50% from 2024's profit for
the year-end capital ratio, meaning that 50% of 2024's profit or EUR 257
million is available for distribution in 2025. As in the previous years, NLB
will propose at the General Meeting that will be held on June 16, 2025, that
the distribution be made in two tranches in 2025, assuming that no material
M&A activity becomes actionable.

 

"NLB Group has once again demonstrated the strength and stability of its
business model in Q1, delivering solid results despite the challenging
economic landscape. Our focus on disciplined execution and sustainable growth
continues to create value for our shareholders, with a 17% increase in our
dividend payout that reflects the strength of our financial position,"
commented NLB's CEO Blaž Brodnjak upon publication of the results. "Beyond
our financial performance, we continue to drive the strategic initiatives we
launched earlier this year, which will gain further momentum in the coming
weeks with the appointment of Reinhard Höll as the seventh member of the NLB
Management Board in the role of CTO (pending approvals). Additionally, we
remain committed to being a responsible and supportive pillar of society,
exemplified by our recent investment in the regional arts through the opening
of a new gallery. We are focused on the future - investing meaningfully in
further strengthening our foundation and positioning our banks and affiliated
companies as pillars of stability within our home region."

 

The Chairman of the Supervisory Board Primož Karpe also commented on the
Group's results in the first quarter, emphasizing, "The Supervisory Board is
pleased with the Group's solid foundational performance, which demonstrates
that, even amidst an uncertain economic landscape, the Group continues to
navigate challenges successfully. We are confident that the anticipated
positive developments in the economic environment, backed by the Group's
relentless focus on its strategic goals will provide give us enough leeway to
continue creating shareholder value."

 

You may find key highlights of the NLB Groups' business operations in the
first quarter of 2025, Interim report, Investor presentation and NLB Group
Factsheet on the links below.

 

·    Key Highlights in the First Quarter 2025
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/Q1/ENGNLB%20Group%20-%20Q1%20Key%20highlights_FINAL.pdf)

·    Interim Report
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/Q1/NLB%20Group%20Interim%20Report%20January%20%E2%80%93%20March%202025.pdf)

·    Investor presentation
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/Q1/NLB%20Group%20Presentation%20Q1%202025%20publication.pdf)

·    NLB Group Factsheet
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/Q1/Q1%202025%20Factsheet.pdf)

 

You are Kindly Invited to the Webcast Presentation

 

We kindly invite all interested stakeholders to the presentation of the NLB
Group's First Quarter 2025 results, hosted by the NLB Management Board. The
call will take place on Thursday, 8 May 2025, at 16:00 CEST/15.00 UK and will
be available at
https://www.nlbgroup.com/int-en/investor-relations/investor-relations-events
(https://www.nlbgroup.com/int-en/investor-relations/investor-relations-events)
.

 

Members of the Management Board will, as usual, receive and address your
questions live during the

webcast. If you already know what you wish to ask them, you may submit your
questions in advance. If you register for the event, you will be able to send
them via the web app, or you may simply send them to the email address
IR@nlb.si
(file:///C:/Users/JaklicMa/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/DFM2UZ08/IR@nlb.si)
.

 

This announcement will be available on the company's website (www.nlbgroup.com
(http://www.nlbgroup.com/) ) as of 8 May 2025.

 

Investor Relations

NLB d.d., Ljubljana

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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