At first glance, asset manager from Denmark Maj Invest's annual financial reporting look catastrophic. Profit after tax takes a nosedive of over DKK 100m (EUR 134k) to DKK 92m (EUR 123k) in 2018.
The drop is due to a combination of currency translation adjustments on investments, performance fees from Maj Invest Equity and adverse financial markets in the last quarter of 2018.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.