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BRIEF-Grenke Q1 net interest income improves to 59.1 mln euros
May 3, 2017 / 5:24 AM / 5 months ago

BRIEF-Grenke Q1 net interest income improves to 59.1 mln euros

May 3 (Reuters) - Grenke AG:

* Grenke consolidated group increases net profit by 28% in Q1

* Q1 net interest income improved by 14.2% from 51.8 million euros in previous year to 59.1 million euros and was largely a result of terms of contracts in portfolio (cm1)

* Q1 losses fell 13.0% in three-month period from 15.7 million euros in previous year to 13.6 million euros

* Q1 significant 28.0% rise in consolidated group’s net profit to 28.8 million euros compared with 22.5 million euros in previous year

* Company confirms forecast for current fiscal year Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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