“Performance in the last quarter of the year was good, as it was in the previous quarters, and the Group’s profit for the year nearly tripled compared with the previous year. Profit before taxes and profit sharing with employees was EUR 9.4 million (EUR 3.7 million), and operating profit nearly doubled to EUR 6.7 million (EUR 3.6 million). The strong profit is attributable to improved income from Wealth Management operations and income growth in the Markets Unit, and to efficiency improvement measures carried out in previous years.
The Wealth Management unit’s assets under management grew by nearly 20 percent to EUR 6 billion. I am pleased that Evli raised its market share significantly in terms of fund capital and, with a market share of 5.4 percent, became the fourth-largest fund management company in Finland.” Maunu Lehtimäki, CEO, Evli Bank Plc.
Further information:
Maunu Lehtimäki, CEO
tel. +358 (0)9 4766 9304 or +358 (0)50 553 3000
EVLI BANK PLC
Evli Bank Plc is a Finnish private bank specializing in investment. We offer private clients, companies and institutions a comprehensive product range, and investment and asset management services that are based on solid professional expertise. With 250 investment experts and over 25 years in the business, Evli has a huge amount of experience and know-how at its disposal. Evli manages EUR 6.0 billion in client assets (December 31, 2013). www.evli.com
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