Proportionally Better than Planned, HUF 43.3 Billion Adjusted Q1 result

Consolidated profit after tax was HUF 41.8 billion in the first 3 months 2009, which is lower by 24 pct y-o-y.

At the same time the profit adjusted by the effects of strategic open position and group level dividends (HUF 43.3 billion) almost equals to the profit of the previous quarter, y-o-y it means a 23 pct decline.
In 1Q 2009 the profit of the Group was influenced by significant one-off items, the cumulated effect of which is however almost neutral, so the profit without one-off items equals to the adjusted PAT of the Group.

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