As of today, Friday
- 2023 turned out to be a good year for the stock market despite negative sentiment influenced by persistently high inflation, interest rate hikes, and general economic concerns for long periods.
Highlights during the year
- We achieved an adjusted operating profit of
SEK 3.2 billion for 2023 - our highest full-year profit to date. -
Higher interest rates contributed to net interest income of
SEK 2.6 billion , an increase of 106 percent compared with 2022. - Our customer base now totals over than 1.8 million Nordic savers.
Nordnet's customers had net savings of more thanSEK 35 billion and made 48.9 million trades.-
Endowment wrapper launched in
Finland - a key step towards a full-scale offering in all markets. - Launch of our own fund "Nordnet Index Global 125," praised by the magazine Privata Affärer for its simplicity and affordability.
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At the end of 2023, total savings capital in funds under the Nordnet brand amounted to
SEK 43.3 billion . This was an increase of 37 percent, compared with 15 percent for total savings capital. Nordnet maintains its top ranking inDenmark andFinland and climbs to second place inSweden in customer satisfaction according to surveys by SKI and EPSI.
Financial results in brief, January-December 2023
- Operating income increased by 35 percent, amounting to
SEK 4,550 (3,382) million. -
Adjusted operating expenses amount to
SEK 1,300 (1,210) million - an increase of seven percent and within the financial targets. -
Adjusted operating profit increased by 49 percent to
SEK 3,160 (2,115) million. -
Savings capital amounted to
SEK 825 (715) billion as of31 December 2023 . - The customer base increased with 9 percent to 1,862,900 (1,707,800) customers.
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Net savings amounted to
SEK 34.7 (36.2) billion.
Sustainability results in brief, January-December 2023
- A key change in our sustainability efforts this year is the update of our sustainability strategy, with a primary focus on enabling our customers to save sustainably.
Nordnet's largest impact on the climate is through our customers' investments. At the end of the year, the footprint for customers' investments onNordnet's platform, measured in emissions intensity, was 143 tonnes CO2e/m USD.Nordnet has clarified the goal of reducing emissions intensity. Over ten years, the goal is to halve emissions.- 84 percent of fund capital is invested in green funds (Article 8 or 9 under SFDR), which is an increase of 9 percentage points compared to 2022 (75 percent).
Nordnet is working to enable more people to save and invest. 38 percent of new customers in 2023 are women, compared to 34 percent in the customer base.-
In 2023, we launched the Nordnet Female Network in
Sweden andNorway , an initiative to increase women's savings and reduce the financial gap between women and men. -
The gender distribution among employees at
Nordnet remains unchanged at 36 percent women and 64 percent men. The proportion of women in new hires has increased by five percentage points to 40 percent. The proportion of women in the management team increased to 36 percent compared to 30 percent a year earlier. - Employee satisfaction measured as NPS increases to 45 from 35 at the end of last year.
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During the year,
Nordnet expands its sustainability reporting, and we now track, in addition to the key metrics we previously launched, on a quarterly basis, the proportion of new female customers as well as the carbon intensity of our customers' investments.
This disclosure contains information that
For more information, please contact:
Johan Tidestad, Chief Communications Officer
johan.tidestad@nordnet.se, +46 708 875 775
marcus.lindberg@nordnet.se, +46 764 923 128
https://news.cision.com/nordnet/r/nordnet-publishes-annual-and-sustainability-report-for-2023,c3946197
https://mb.cision.com/Main/116/3946197/2671469.pdf
https://mb.cision.com/Main/116/3946197/2671470.zip
https://mb.cision.com/Public/116/3946197/8bb8ad16ac06b4ab.pdf
https://news.cision.com/nordnet/i/lars-a-ke-norling-nordnet-q4,c3278646
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