Hypo Upper Austria Expects Stable Results

Published: August 8, 2011; 17:51 · (Vindobona)

The Austrian regional bank achieved profit before taxes of € 16.6m in the first half of the year, up 1.2% year-on-year.

Hypo Upper Austria Expects Stable Results / Picture: © Hypo OÖ

The management of Hypo Upper Austria (Hypo OÖ) expects half-year results to be in line with those of the first six months of 2010. This was announced by CEO Andreas Mitterlehner on Monday.

Profit before taxes amounted to € 16.6m in the first half of the current year, which corresponds to an plus of 1.2% year-on-year. The balance sheet total increased by 0.4% to € 8.57bn.…

This article includes a total of 171 words.

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