• Operating income was up by 2% to €149m for Q1 22
• Loan loss provisions increased by 80% to €18m for Q1 22 due to the changed economic forecasts because of the Russian/Ukrainian war
• Net profit decreased by 14% to €36m for Q1 22
• Pre-tax profit guidance of between €200m and €220m for FY2022 confirmed

11 May 2022
Solid Q1 figures, higher loan loss provisions

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Solid Q1 figures, higher loan loss provisions
• Operating income was up by 2% to €149m for Q1 22
• Loan loss provisions increased by 80% to €18m for Q1 22 due to the changed economic forecasts because of the Russian/Ukrainian war
• Net profit decreased by 14% to €36m for Q1 22
• Pre-tax profit guidance of between €200m and €220m for FY2022 confirmed