Danish online trading specialist Saxo Bank has announced its operating income rose 61% and its net profit increased by 23% in 2008. Operating income came in at DKK 2.5 billion (€338 million), with net profits at DKK 339 million. The results were produced in what the bank says was a year of significant change that saw its management taking the decision to embark on consolidation and streamlining.
“We are proud to be able to present these results in a year characterised by a very challenging environment.
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