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May 23, 2015 1:06 AM ET

Media

Company Overview of SEK

Company Overview

SEK operates as a marketing and marketing communication group. SEK operates as a subsidiary of Salomaa Yhtiot Oy.

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Finland

Key Executives for SEK

SEK does not have any Key Executives recorded.

SEK Key Developments

SEK Reports Consolidated and Standalone Earnings Results for the First Quarter Ended March 31, 2014

SEK reported consolidated and standalone earnings results for the first quarter ended March 31, 2014. For the quarter on consolidate basis, net interest income was SKR 352.3 million against SKR 427.5 million a year ago. Operating income was SKR 661.0 million against SKR 340.0 million a year ago. Operating profit was SKR 517.8 million against SKR 212.3 million a year ago. Net profit (after taxes) was SKR 402.1 million or SKR 100.8 per basic and dilute share against SKR 163.7 million or SKR 41.0 per basic and dilute share a year ago. Negative cash flow from operating activities was SKR 3,929.6 million against cash flow from operating activities of SKR 4,255.5 million a year ago. Capital expenditures was SKR 7.8 million against SKR 11.9 million a year ago. Return on equity amounted to 10.6% against 4.5% a year ago For the quarter on standalone basis, net interest income was SKR 350.8 million against SKR 424.8 million a year ago. Operating income was SKR 658.8 million against SKR 337.6 million a year ago. Operating profit was SKR 514.2 million against SKR 204.0 million a year ago. Net profit (after taxes) was SKR 399.5 million against SKR 157.3 million a year ago.

SEK Presents at The 7th Annual Structured Trade & Export Finance in Russia and the CIS Conference, Apr-10-2014 11:10 AM

SEK Presents at The 7th Annual Structured Trade & Export Finance in Russia and the CIS Conference, Apr-10-2014 11:10 AM. Venue: Baltschug Kempinski, Moscow, Russia. Speakers: Kerstin Gedung, Executive Director, Head of Structured Finance.

SEK Announces Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

SEK announced consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported net interest revenues of SKR 362.5 million against SKR 413.8 million a year ago. Operating profit was SKR 484.0 million against SKR 234.1 million a year ago. Net profit was SKR 375.6 million against SKR 296.5 million a year ago. Operating income was SRK 662.0 million against SRK 407.5 million a year ago. Total comprehensive income was SRK 385.1 million against SRK 334.0 million a year ago. Basic and diluted earnings per share were SRK 94.1 against SRK 74.3 a year ago. Return on equity amounted to 7.4% For the year, the company reported net interest revenues of SKR 1,554.8 million against SKR 1,879.9 million a year ago. Operating profit was SKR 1,408.1 million against SKR 824.4 million a year ago. Net profit was SKR 1,090.1 million against SKR 708.8 million a year ago. Operating income was SRK 1,958.1 million against SRK 1,392.3 million a year ago. Total comprehensive income was SRK 823.3 million against SRK 867.8 million a year ago. Basic and diluted earnings per share were SRK 273.2 against SRK 177.6 a year ago. Cash flow used in operating activities was SRK 3,906.9 million against SRK 9,556.6 million a year ago. Capital expenditures were SRK 35.3 million against SRK 41.7 million a year ago. Return on equity amounted to 5.0%.

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