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VH: Revenue and profit declined in Q2, but capital strength and deal pipeline remain solid

VH: Revenue and profit declined in Q2, but capital strength and deal pipeline remain solid

Vastra Hamnen Corporate Finance AbJuly 30, 20245
VH: Revenue and profit declined in Q2, but capital strength and deal pipeline remain solid

About this update from Vastra Hamnen Corporate Finance Ab

Q2 2024 saw a 12% revenue decline and a negative operating result, mainly due to lower commissions and higher costs. The capital position remains strong, with a 287% primary capital ratio, and management expects improved deal activity in H2 2024.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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