Sydbank A/S 2017 AR2
The report highlights Sydbank's highly satisfactory financial performance in 2017, achieving a profit before tax of DKK 1,956 million and a return on average shareholders' equity of 13.1% after tax. This strong result enabled a record-high proposed dividend of DKK 11.31 per share and the launch of a new DKK 500 million share buyback programme. In terms of corporate social responsibility, the bank continued to align with the UN Global Compact and UN PRI, identifying five key Sustainable Development Goals as highly relevant. Additionally, the bank achieved a reduction in electricity consumption by 7% in 2017, while maintaining a strong focus on local sponsorships and community engagement.
Company: Sydbank A/S
Sector: Finance & insurance
Country: Denmark
Year: 2017
Type: AR2
Pages: 128
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Sydbank A/S
Annual Report
The report highlights Sydbank's highly satisfactory financial performance in 2017, achieving a profit before tax of DKK 1,956 million and a return on average shareholders' equity of 13.1% after tax. This strong result enabled a record-high proposed dividend of DKK 11.31 per share and the launch of a new DKK 500 million share buyback programme. In terms of corporate social responsibility, the bank continued to align with the UN Global Compact and UN PRI, identifying five key Sustainable Development Goals as highly relevant. Additionally, the bank achieved a reduction in electricity consumption by 7% in 2017, while maintaining a strong focus on local sponsorships and community engagement.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees