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     154  0 Kommentare Helaba satisfied with business performance and profit in 2017

    Frankfurt am Main (ots) -

    - Cross reference: Full press release is available at
    http://www.presseportal.de/dokumente -

    - Consolidated profit before taxes of EUR 447 million
    - Decline in profit lower than expected
    - Strong market position maintained - risk situation remains positive
    - Improvement in CET1 ratio to 15.2 percent
    - Further growth in net fee and commission income
    - Stable performance anticipated for 2018

    Frankfurt am Main - Helaba Landesbank Hessen-Thüringen reported a
    consolidated profit before taxes under IFRS of EUR 447 million for
    the 2017 financial year. Consolidated net profits after taxes
    amounted to EUR 256 million. The result was therefore below the
    strong prior year's figures of EUR 549 million and EUR 340 million,
    respectively, as anticipated in the previous annual forecast. Despite
    a persistence in the challenging market environment, Helaba managed
    to generate a satisfactory result.

    In his assessment of the result for the 2017 financial year,
    Herbert Hans Grüntker, the Chairman of Helaba's Board of Managing
    Directors, comments: "All things considered, we are satisfied with
    the development of Helaba's business activities and earnings
    situation. We knew that the year was going to be a challenging one
    and that we could expect a noticeable decline in profits. However, we
    concluded the year with a better-than-expected result. We have
    maintained our strong position in the market and our risk situation
    remains positive".

    Originaltext: HELABA Landesbank Hessen-Thüringen
    digital press kits: http://www.presseportal.de/nr/55060
    press kits via RSS: http://www.presseportal.de/rss/pm_55060.rss2
    ISIN: DE000HLB0A20

    Contact:
    Press and Communication
    MAIN TOWER
    Neue Mainzer Strasse 52-58
    60311 Frankfurt am Main
    www.helaba.de
    Tel.: +49 (0) 69 / 9132 - 2192

    Mike Peter Schweitzer
    E-Mail: mikepeter.schweitzer@helaba.de



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    Helaba satisfied with business performance and profit in 2017 - Cross reference: Full press release is available at http://www.presseportal.de/dokumente - - Consolidated profit before taxes of EUR 447 million - Decline in profit lower than expected - Strong market position maintained - risk situation …

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