VBAG Group result for the first half of 2010: positive development continued

Published: September 3, 2010; 20:48 · (Vindobona)

In the second quarter of 2010, Österreichische Volksbanken-AG (VBAG) Group confirmed the turnaround of the first quarter.

VBAG Group result for the first half of 2010: positive development continued / Picture: © Österreichische Volksbanken-AG (ÖVAG)

After a positive first quarter, the upward trend has continued in the second quarter as well. At the end of the first half of the year, profit before taxes was euro 45 million. From January to June of the previous year, the pre-tax result was euro -139 million.  “We have had some difficult times, but VBAG Group is profitable again“ – says VBAG Chief Executive Officer Gerald…

This article includes a total of 467 words.

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