ABG Sundal Collier Holding ASA announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported Total revenues of NOK 223.9 million compared to NOK 271.9 million for the same period a year ago. EBIT pre-bonus and profit to partners was NOK 82.6 million compared to NOK 120.8 million for the same period a year ago. EBIT post -bonus and profit to partners was NOK 41 million compared to NOK 63.7 million for the same period a year ago. Earnings before tax was NOK 46.6 million compared to NOK 68.2 million for the same period a year ago. Net earnings were NOK 35.5 million compared to NOK 47.7 million for the same period a year ago. Net cash outflow from operating activities was NOK 114.1 million compared to net cash from operating activities of NOK 5.3 million for the same period a year ago. Diluted earning per share was NOK 0.07 compared to NOK 0.11 for the same period a year ago. Book value per share was NOK 2.88 compared to NOK 2.99 for the same period a year ago.

ABG Sundal Collier Holding ASA, Q1 2013 Earnings Call, Apr 25, 2013

ABG Sundal Collier Holding ASA reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total revenues of NOK 236 million against NOK 249 million in the fourth quarter of 2011. EBIT pre-bonus and profit to partners was NOK 82 million against NOK 68 million for the same period a year ago. EBIT post-bonus and profit to partners was NOK 10 million against NOK 33 million for the same period a year ago. Earnings before tax were NOK 68 million against NOK 43 million for the same period a year ago. Net earnings were NOK 63 million against NOK 35 million for the same period a year ago. Diluted EPS increased to NOK 0.14 against NOK 0.08 a year ago. Net cash flow from operating activities was NOK 37.9 million against net cash used in operating activities of NOK 64.8 million a year ago. For the full year 2012, the company reported total revenues of NOK 930 million against NOK 961 million a year ago. EBIT pre-bonus and profit to partners was NOK 331 million against NOK 289 million a year ago. EBIT post-bonus and profit to partners was NOK 141 million against NOK 159 million a year ago. Book value per share as at year end was NOK 2.76 against NOK 2.89 as at previous year end. Net earnings were NOK 163 million against NOK 123 million a year ago. Diluted EPS increased to NOK 0.37 against NOK 0.30 a year ago. Earnings before tax were NOK 212 million against NOK 169 million for the same period a year ago. Net cash flow from operating activities was NOK 121.7 million against net cash used in operating activities of NOK 276.2 million a year ago.