Swedbank dividends boost earnings for Swedish savings banks
Loan-loss reversals shore up capital ratios across the sector.
Lerøy traces its roots back to 1939 as a seafood wholesaler and exporter. It bought its first wholly owned salmon farming operation in 2003 and has developed into a fully integrated international seafood supplier with three business segments; Farming, Value Added Processing, Sales and Distribution (VAPSD), and Wildcatch. Farming is the largest business segment in terms of contribution to profit and is divided into three geographic regions; Lerøy Sjøtroll in western Norway (40% of production), Lerøy Midt in central Norway (40%), and Lerøy Aurora in northern Norway (20%).
Nordax is a niche bank that specialises in consumer loans, non-standard mortgage loans, and equity-release mortgages.
Nordax is a fully owned subsidiary of Nordax Group AB (publ), which is ultimately controlled by Nordic Capital and Sampo through Nordax Holding AB following a public buyout in 2018. Nordax was founded in 2003 and obtained its banking license in 2014.
Platzer is a Sweden-based commercial property management company, which owns, manages, and develops office and industrial/logistics properties in Gothenburg. As of 31 Mar. 2021, Platzer's portfolio comprised 66 properties totalling 819,000 sqm valued at SEK 23.0bn, making it the largest manager of office property and the second-largest industrial/logistics property operator in Gothenburg (according to property data provider Datscha AB).