Interim Report, 1st January - 30th September 2004

- Operating income increased by 51% (22%) to SEK 155.6 million (SEK 103.4 m).
- The profit after tax was SEK 51.8 million (SEK 22.8 m).
- Earnings per share totalled SEK 1.95 (SEK 0.86) per share.
- The result before goodwill amortization increased to SEK 78.7 million (SEK 38.4 m).
- Earnings per share excluding goodwill amortization totalled SEK 2.13 (SEK 1.04). The corresponding result for the last twelve month period was SEK 2.69 (SEK 1.46).
- Net deposits totalled SEK 2,100 million (SEK 1,000 m), corresponding to 19% (15%) of the total value of custodian accounts at the beginning of the year.


For additional information, please contact Nicklas Storåkers, Managing Director of Avanza, on tel: +46 70 861 80 01.

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Interim Report, 1st January - 30th September 2004