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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Stillfront Group AB | AQEU:SFS | Aquis Europe | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.105 | -1.18% | 8.83 | 8.86 | 8.91 | 8.955 | 8.805 | 8.84 | 22,294 | 16:44:54 |
November sales SEK 7.4 billion (6.0) 1) In view of the flood of information during the preceding week and speculation in connection with this on the business trend, Skandia is releasing information on sales for the month of November. Skandia does not intend to continue reporting monthly sales figures in the future. Sales in November Sales increased to SEK 7.4 billion (6.0), which is the highest level of monthly sales during the year. This corresponds to an increase of 24% in Swedish kronor and 30% in local currency. Sales in October 2003 were SEK 6.9 billion, while the corresponding figure for September was SEK 6.9 billion. Sales were favourable in the UK. Sales in Sweden were slightly lower compared with a year ago, but have successively increased month by month since August of this year. Unit linked assurance Sales of unit linked assurance in local currency rose 26% to SEK 5.2 billion (4.4). New sales of unit linked assurance rose 7%. Sales through November Sales amounted to SEK 70.3 billion (69.0), rising 9% in local currency. Of total sales, unit linked assurance accounted for SEK 50.1 billion (49.5), mutual fund savings products for SEK 16.3 billion (15.5), and direct sales of funds for SEK 2.5 billion (2.2). Sales in the UK amounted to SEK 34.0 billion (36.7). In Sweden sales amounted to SEK 11.1 billion (11.4). Sales in other markets increased to SEK 25.2 billion (20.9). For further information, please contact: Harry Vos, Head of Investor Relations, tel. +46- 8-788 3643 Definitions of sales Sales Sales pertain to paid-in premiums and deposits in funds from Skandia's customers. New sales New sales pertain to single and regular premiums from unit linked contracts entered into in 2003, recalculated to full-year figures. According to industry practice, new sales are defined as regular premiums recalculated to full-year figures plus 1/10 of single premiums during the period. Sales development, November 2003 November sales 2003 Sales, % change in % change in SEK billion local currency local currency compared with compared with November 2002 October 2003 Sales Unit linked assurance 5.2 26 3 Mutual fund savings 1.8 78 18 products Other 0.4 -41 125 Sales, group 7.4 30 9 Unit linked assurance Sweden 0.6 -7 0 UK 3.2 52 11 Other markets 1.4 0 -11 Sales, unit linked 5.2 26 3 assurance New sales, unit linked assurance Sweden not -4 4 reported UK not 25 0 reported Other markets not -10 -4 reported New sales, unit linked not 7 0 assurance reported Sales development, January-November 2003 Sales, Sales, % change in local % change in local January - November SEK billion currency, currency, 2003 Jan.-Nov. 2003 Jan.-Sept. 2003 compared with compared with Jan.-Nov. 2002 Jan.-Sept. 2002 Sales Unit linked 50.1 8 4 assurance Mutual fund 16.3 17 9 savings products Other 3.9 -3 8 Sales, group 70.3 9 6 Unit linked assurance Sweden 7.8 -9 -9 UK 28.1 9 3 Other markets 14.2 16 17 Sales, unit linked 50,1 8 4 assurance New sales, unit linked assurance Sweden not reported -10 -10 UK not reported -2 -6 Other markets not reported 15 18 New sales, unit not reported 0 -2 linked assurance Exchange rates Exchange rates 2003 2003 2003 2002 2002 2002 2002 30 31 30 31 30 31 30 Nov. Oct. Sept. Dec. Nov. Oct. Sept. SEK EUR Closing rate 9.06 9.07 9.01 9.14 9.02 9.07 9.16 EUR Average rate 9.15 9.16 9.17 9.15 9.15 9.16 9.17 GBP Closing rate 13.00 13.24 12.85 14.03 14.11 14.33 14.58 GBP Average rate 13.29 13.32 13.33 14.58 14.63 14.68 14.71 JPY Closing rate 0.069 0.071 0.069 0.073 0.074 0.075 0.076 JPY Average rate 0.070 0.070 0.070 0.078 0.078 0.078 0.079 1) All comparison figures pertain to the corresponding period a year earlier, unless otherwise indicated.
1 Year Stillfront Group AB Chart |
1 Month Stillfront Group AB Chart |
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