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ABG Sundal Collier ( (ABGSF) ) has issued an update.
ABG Sundal Collier reported stable performance with revenues of NOK 407m and a net profit of NOK 50m, despite geopolitical uncertainties and market volatility. The company benefited from strong secondary trading activity and high-yield credit demand in the Nordic markets, contributing to robust brokerage and debt capital markets segments. Although corporate M&A and equity capital markets activities were slower, ABG Sundal Collier closed over 30 transactions and saw a modest revenue increase. The company is advancing in Private Banking, onboarding initial clients and preparing for a broader launch, emphasizing independent advice and agility in uncertain markets.
More about ABG Sundal Collier
YTD Price Performance: 1.13%
Average Trading Volume: 6,160
Technical Sentiment Signal: Hold
Current Market Cap: $319.3M
For a thorough assessment of ABGSF stock, go to TipRanks’ Stock Analysis page.