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Dexia Q3 net profit in line with expectations

Fri Nov 13, 2009 1:08am EST

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BRUSSELS, Nov 13 (Reuters) - Franco-Belgian financial services group Dexia (DEXI.BR) reported a third consecutive quarterly profit on Friday, in line with expectations, saying its restructuring was proceeding well.

Dexia, which is awaiting a European Commission ruling on state aid received in the past year, said third-quarter net profit totalled 274 million euros ($410.9 million), compared with a loss of 1.5 billion euros a year earlier.

The average forecast in a Reuters poll of nine analysts was a profit of 269 million euros. [ID:nLA728705] ($1=.6668 euro)



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