Slight loss for the first semester, securities portfolio and currency valuations weighed on earnings.

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Significant upturns of operation result and net profit.

BPL’s preliminary figures are higher than those of the previous year.

Half-year operating profit rose significantly compared to the first half of previous accounting period

Significant upturns of operating result and net profit

BPL’s preliminary figures are clearly higher than those of the previous year, the operating result being increased tenfold by a much less pronounced impact from exchange rates and an upturn of some stock markets, accompanied by solid performances issued by bond trading.

Half-year operating profit rose and trading proceeds increased compared to previous accounting period, despite negative impact of currency fluctuations and moody performances of stock exchanges.

Financial year close to break-even despite a significant foreign exchange loss attributable to the scrap of currency ceiling against euro. A 20% dividend will be proposed at the upcoming AGM.

The preliminary figures are lower than those of the previous year, mainly because of the results of currencies and forex, which were impacted by the scrap of currency ceiling against euro and the inopportune strengthening of our national currency.