Saxo reports strong growth in 2005
NEWS
Net profits rose Dkr161 million (E21.6 million) to Dkr223 million, while operating income rose 39% to Dkr636 million last year from Dkr459 million in 2004.
"Once again, we have experienced growth in earnings in our foreign exchange trading and have more than doubled our earnings in other business areas, contracts for difference and futures," said Lars Seier Christensen, chief executive officer at Saxo Bank in Copenhagen.
"We can only be pleased with our progress, which also reflects the general
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