Strong Third Quarter Performance
ABG Sundal Collier achieved one of its strongest third quarters ever, driven by a return to growth from brokerage and research operations and a high volume of investment banking transactions.
Top Line Growth
Revenue grew by 10% from NOK 356 million to NOK 392 million, with a 12% growth in the first 9 months of the year compared to the same period last year.
Improved Operating Margin
Operating margin increased by 3 percentage points from 17% to 20%, contributing to a 35% growth in earnings per share from NOK 0.26 to NOK 0.35.
Debt Capital Markets Performance
Revenues in the Debt Capital Markets (DCM) were up by 32% in the quarter to NOK 161 million and by 22% in the first 9 months of the year to NOK 531 million.
Sustained Profitability
ABG Sundal Collier has reported operating profits in plus 90 consecutive quarters, showcasing stability in profitability despite the cyclical nature of the industry.